ADN 0.00% 1.6¢ andromeda metals limited

dunno, but it feels a lot like this today:Capitulation typically...

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    dunno, but it feels a lot like this today:

    Capitulation typically follows significant downturns in price, which can take place even as many investors remain bullish. As the downturn accelerates, it reaches a point where the selling by the investors unwilling to suffer further losses snowballs, leading to a dramatic plunge in price.

    The heavy trading volume accompanying the decline shakes out "weak hands"—the investors lacking conviction—and replaces them with more risk-tolerant holders who may not have suffered prior losses and were willing to buy at the end of a protracted decline capped with a dramatic drop.Traders look for unusually high trading volume accompanying sharp declines in price to signal capitulation. They try to anticipate the surest sign of a capitulation: the rebound in price that follows once the panic selling has run its course.



 
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28 7059011 1.5¢
 

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1.6¢ 2016495 4
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Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
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