VR1 12.5% 0.9¢ vection technologies ltd

Ok, please don't hate but I feel this is important.At the risk...

  1. Ev1
    67 Posts.
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    Ok, please don't hate but I feel this is important.

    At the risk of being called a downramper (I'm not, my average price is much below the current price and I see this as an excellent long term hold), there are a lot of newcomers jumping in at all time highs here and trading in FOMO. Any investing should be approached with caution and newcomers to the game need to realise that not everything goes up in a straight line. The charts are currently showing severely overbought and a retrace is inevitable. What the retrace goes back to may or may not be large due to the excellent fundamentals of the business but there will be a retrace and those that are not smart about their entry could end up disappointed.

    Everyone has different goals whether short term or long term, and as much as the past weeks have been exciting I just think it's appropriate to issue a word of caution to newcomers.

    I'm in this for the long haul and believe very much in what the business is doing but at the same time I hate seeing people getting hurt due to FOMO.
 
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0.9¢
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0.9¢ 0.9¢ 0.8¢ $3.125K 347.2K

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No. Vol. Price($)
15 3627077 0.8¢
 

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Price($) Vol. No.
0.9¢ 4340526 11
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Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
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