Yes I did, but bought back today at 20. I wasn't totally convinced as most of resource, risk-on assets are in strife. But I usually try to play level to level, so gave it a go.
Regarding how low it can go? Nobody knows. We can all speculate, some will get it right, others not. More luck than brilliance.
But I will definetly exit tomorrow, if 20 is not looking like holding. As I have said price action is important for me and I follow that most. Also after 2022 big collapse of market, even in the last Weekly Report in the weekend, I have mentioned now I try to minimise a loss rather than maximise a gain.
If I look thru the numbers, last number I get is 14 from May 2022 when it was coming down after making a new ATH at 19.5. Whether it goes there or not I don't know, but I will wait for that, or if it reverses from somewhere above, then if I had sold, I will try to buy back around this 20 (+/-) level. Lets see what's in store. Many long termers here and I don't think they would have worry about these numbers. Hopefully it comes back from here, it has done a number of times, but every time is also a new instance. All the best.
Here is last Weekly Report, in case you want to have a look.
https://hotcopper.com.au/threads/enr-weekly-report.7575014/#post-71981275
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $263.4M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.0¢ | $1.095M | 9.510M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 2371982 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 441163 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1306255 | 0.110 |
10 | 405574 | 0.105 |
14 | 801977 | 0.100 |
1 | 50000 | 0.099 |
2 | 110213 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 370863 | 3 |
0.120 | 490000 | 3 |
0.125 | 312794 | 4 |
0.130 | 384861 | 6 |
0.135 | 207430 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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