Exactly. Every other DCB has had "signs of a bottom" as well.
Why obsess about whether this is "it"? It might be - whether it is or not has yet to be determined. LOL, I don't get it - if there is a confirmed trend reversal and a bottom is "in", is it no longer a buy because you missed scooping it up at the bottom of the barrel?
a) Buy @ $5.50 on a low timeframe upswing within a macro downtrend, on the conviction that 11th time's the charm, or:
b) Buy @ 6.90 off a $5 bottom, but within a developing macro uptrend.
I suppose a) is a viable option if you are absolutely convinced of the company's fundamentals and want to DCA in, but it's a riskier strategy than exerting some patience and waiting for the charts to give the all clear. But that's just me - I've learned the hard way absolute conviction in any company/ asset is a dangerous thing.
Obviously this is directed at anyone looking to open a position. Anyone holding is clearly going to be preoccupied with where the bottom is!
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Exactly. Every other DCB has had "signs of a bottom" as well....
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Last
$5.65 |
Change
-0.090(1.57%) |
Mkt cap ! $4.084B |
Open | High | Low | Value | Volume |
$5.82 | $5.85 | $5.60 | $19.52M | 3.424M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3719 | $5.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.66 | 14100 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3719 | 5.650 |
6 | 14769 | 5.640 |
2 | 5050 | 5.630 |
5 | 27312 | 5.620 |
9 | 67831 | 5.610 |
Price($) | Vol. | No. |
---|---|---|
5.660 | 14100 | 2 |
5.670 | 2841 | 1 |
5.680 | 8786 | 3 |
5.690 | 8169 | 2 |
5.700 | 90146 | 7 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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