So far all trades have been profitable. I've throw this ticker into my algorithms as well. I've enough data to conclude signals for trade and then programming takes over based on rules I've specified.
Oscillating stonks like this are easier to trade. There's no valuation support making it easier to make decisions as well. The harder ones to short and long are stocks like CSL and RHC. You gotta rely on consensus from algorithms for that and too those mathematical models have large standard errors.
Have a look at Uniti Wireless. It seems like every fund was going to take profit at $4. It was a given. So wasn't that a better short that long. I think it was.
I wont go long on this unless I know what happens to those shares in escrow.
CTT chart, page-444
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 (20min delay)
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Last
$1.44 |
Change
0.045(3.24%) |
Mkt cap ! $547.0M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.44 | $1.38 | $2.306M | 1.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49875 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.44 | 5995 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CTT (ASX) Chart |