Bro its possible we may be at this price level for a few weeks.
If you find your self at a desperate level you may find that hedging your risk is more of a sensible move for your personal circumstances. One form of a hedge might be to go 50% cash/50% Z1P....
BUT if you can hold and have no urgent need to sell than you really dont have a problem.
Bro i am happy to show you my trades in relation to a stock called Lynas. I made some money then got frustrated, especially because some LTH's were down ramping.....I 100% believed in everything about Lynas but was just impatient. Since i left (only a few short weeks ago the stock went up 30%. 100% true story. We need to accept that regardless how positive the news or announcements might be, STOCKS MOVE ON THEIR OWN TIME, NOT OUR TIME.
LYNAS Chart below
Obviously this is not financial advice, just my personal thinking.
Daily Price Movement / General Discussion, page-3717
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Last
$1.83 |
Change
0.025(1.39%) |
Mkt cap ! $2.310B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.84 | $1.76 | $34.05M | 18.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6757 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 480347 | 4 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |