i jumped out 4.5 to make a gain and then looked at trading back in but held off. to see the flow.
Its hard to trade in/out on falling days. its better on upwards movements.
However -- Pump and Dump(NO) not convinced.... i expected more dump say to mid 2's. this was an orderly progression down the SP. Its looked as if the buyer if there is one was letting the price come off. as it ran very quickly for day 1 2 and 3 1/2. The day traders of course have got in as well and played the price movements too. The stock still held volume and re-tested as it dropped.
The golden rule. 9 times out of ten if it finishes on a low it will continue low next day. 9 times out 10 if its finishes on its high it will continue to rise next day. i said before day traders have about a 3 day play regieme.
The market traders have looked every where for beaten up stock and YES contrary to opinion we are known and the day traders darling prior to the rincon mess.
Tommorrow: my prediction is mid 2's low when SP becomesnice and cheap it will be traded again for all its worth up to 4.
JD
- Forums
- ASX - By Stock
- could this be the biggest pump and dump
i jumped out 4.5 to make a gain and then looked at trading back...
-
- There are more pages in this discussion • 71 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 ADY (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $17.92M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $2.276K | 225.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 156693 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 476693 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 156693 | 0.010 |
4 | 2091911 | 0.009 |
4 | 2062500 | 0.008 |
6 | 1115102 | 0.007 |
7 | 1300000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 476693 | 1 |
0.012 | 500000 | 1 |
0.013 | 400000 | 2 |
0.014 | 243584 | 3 |
0.015 | 615909 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
ADY (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online