Getting in on a big spike can be dangerous. A large pull back is surely due as profit takers sell down before it bounces back. This may put you a fair way in the red with no guarantees of it recovering, this can be stressful and risky if your plan is for a short term trade. Many in this position will sell to protect their capital or hold on hoping for it to bounce back-and it may not.
If you get in at the start of the breakout it's a lot easier to ride out the dips when you're in front.
GLTAH very nice up trend were in at the moment. Bring on the product launches
Getting in on a big spike can be dangerous. A large pull back is...
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Last
36.5¢ |
Change
0.010(2.82%) |
Mkt cap ! $88.79M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 39.5¢ | 35.5¢ | $384.8K | 1.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20333 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 70400 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CPV (ASX) Chart |