Simple TA and trailing stop loss. You can always buy in again. The crash doesn't happen instantly, 2008 was over a year, down 50%, the 2000 crash was about 3 years.
Look at the index charts to get a feel of Bull vs Bear trends etc.
I am uber bullish on NVA, but if the market goes down 40% or 60% I don't think it will matter how many ounces NVA has, the chances of coming through that unscathed are slim.
That's just my opinion, I prefer not to ride out large draw downs, It just doesn't fit my psyche very well.
If we do end up coming on sale again, I would be all in once the bottom is confirmed, always looking for higher highs and higher lows.
Simple TA and trailing stop loss. You can always buy in again....
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $55.99M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.0¢ | $70.23K | 341.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 349484 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 15.51pm 14/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |