FMG 0.62% $22.45 fortescue ltd

Trading Rule 4 never buy the falling knife (SP crashing) as its...

  1. 9,777 Posts.
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    Trading Rule 4
    never buy the falling knife (SP crashing) as its dropping
    wait for it to lodge in the concrete floor, you will know the floor as it will be boringly obvious taking months.

    free float trade was at 25-26 like I called it
    too late now.
    wait for the floor, dont catch the falling knife imho.
 
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