Good post.
I would add that they should also look at their own posts that are often along the lines of, I'm still confident, I'll be buying at these bargain prices-especially if the falls continue. Etc,etc.
Whether what they say is true or merely bravado, they need to understand that this behaviour feeds into others' confirmation bias.
Dory & I have consistently pointed out that the chart is an absolute mess. He's told you when it will go down. When I accurately forecast a rise at Xmas, I was ridiculed.
Thick skin, not rsed, but it shows that many here are running on emotion and ego. Not good for your bank balance.
Maybe some here should stand back and take stock of the fundamentals, including the doubts expressed by longterm holders around governance, quality of the IP and sales dept.
You do not need to be a chartist to take a look at the daily and see that the trend is inexorably DOWN.
Laugh if you want, but just stand back and think without emotion.
AND yes, I've been in your position; too many times to even remember, but the penny eventually dropped.
Today's candle punched through support and closed on it's low.
It will almost certainly successfully backtest. Which means further falls are on the cards. imho
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Good post.I would add that they should also look at their own...
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Last
12.0¢ |
Change
-0.015(11.1%) |
Mkt cap ! $32.23M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 12.0¢ | $107.4K | 851.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5044 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 58059 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5044 | 0.120 |
1 | 86965 | 0.115 |
3 | 109495 | 0.110 |
1 | 10476 | 0.105 |
6 | 59750 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 58059 | 1 |
0.135 | 148769 | 2 |
0.140 | 52957 | 3 |
0.145 | 67535 | 6 |
0.150 | 127838 | 6 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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CPV (ASX) Chart |