I dont allow for Divs Harry! I use strickly charts & zero fundemental analysis unless im investing for growth & dividends to which i have 3 holdings long term..
Otherwise....
I use swing charts so the gap down for my way of trading is a sign to get ready to sell i would never go long on anything gapping down.
If today it drops to 2.96 that would be a good setup to go short again as i did at 3.30..
However the thing stopping me is the double bottom play so if it breaks 2.93 i will short it..
One last thing have a look at the range from the high of the 19/2 to the low of 24/2 has a range of 0.22c so if it repeats down that range the 50% line is exactly 2.93 making a very good cause for a double bottom as any 50% line is the most important presure point..
charts - how low? , page-28
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Last
$3.88 |
Change
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Mkt cap ! $44.94B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.92 | $3.86 | $71.17M | 18.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 323126 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 386203 | 9 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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