Penny if you want to buy more I would raise my buy to 6.6c if I were you.
6.5c is already a double bottom and a lot of black box systems would be set to throw in at market buy orders if 6.5c gets hit. It may only trade a small number at that price.
Having said that the company could be stuffed in which case it could fall much lower than 6c.
Risk reward favours a bounce if you like the stock so I would run with a higher chance of getting your order filled at 6.6c than 6.5c. ( IMO )
Cheers Hoot
- Forums
- ASX - By Stock
- chart update
Penny if you want to buy more I would raise my buy to 6.6c if I...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QMN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online