Looks like you fell for the 3 card trick:
1. Overhyped stock (it's easy to fall for it and traders get carried away)
2. Bought on the way down (catching a falling knife is very dangerous)
3. Didn't have a plan before buying or set a stoploss (10% loss is better than 30% etc)
So long as you learn from your trade it's the best training money can buy IMO.
Good luck with your next one.
Not sure when u bought in, this monthly chart shows that between 13-26th Nov, 2 x BIG M's and the second one has a lower high and lower low than the previous, so the stock was unwinding at that point and on the most volume.
Something to consider next time you enter a stock.
Chart, page-1383
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $17.14M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $5.671K | 298.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 512798 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1050263 | 5 |
View Market Depth
| Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
| BIT (ASX) Chart |