First time poster on CNB and hopefully I can give my "new trader" take on this. I have had CNB on my watchlist for a few months and finally pulled the trigger 3 weeks ago. Enjoyed seeing green day after green day but deep down was always expecting a pull back as CR shares are sold and guys who purchased at the start of the year take money off the table.
Plan is a medium - long term hold as we explore great land, with proven management with a tiny market cap in a hot sector so this pull back does not bother me when I think long term.
Monitoring this thread it appears we have some new traders enter this stock (I consider myself a newbie to stocks.... sub 2 years) and they have been lucky enough to ride a stock which has exploded in a relative short time frame. Now there are a few red days they are getting nervous as they monitor every price movement. Some of the biggest cheerleaders folded pretty quickly at the sign of trouble (and I 100% understand that... great to lower your average and everyone has different risk levels and prefer to protect their capital, especially in such uncertain times) however I know from experience the constant monitoring a SP is not healthy.
My suggestion to anyone is... come to an agreeance with yourself on what you want to make/willing to risk and set a stop loss. Unplug the computer and come back in a week, if you are still in the game review the situation, trust me you will feel so much better!
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Last
56.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.00M |
Open | High | Low | Value | Volume |
56.5¢ | 57.0¢ | 54.0¢ | $62.31K | 111.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10236 | 55.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.0¢ | 1752 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10236 | 0.555 |
1 | 22825 | 0.545 |
3 | 33773 | 0.540 |
1 | 2000 | 0.530 |
1 | 2000 | 0.525 |
Price($) | Vol. | No. |
---|---|---|
0.570 | 1752 | 2 |
0.575 | 9571 | 1 |
0.580 | 900 | 1 |
0.585 | 35000 | 1 |
0.590 | 50000 | 2 |
Last trade - 13.04pm 15/07/2024 (20 minute delay) ? |
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CNB (ASX) Chart |