If its part of your trading plan, including the levels you will be averaging down at, stop loss placement/level you'll exit no matter what etc etc For sure. Though i do think many other strategies would be less risky and alot more consistently profitable.
Otherwise blindly buying in a severe downtrend is hardly a tactic for long term success.
Obviously just my opinion.
Congrates to the buyers @ 12c.
If its part of your trading plan, including the levels you will...
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Last
$5.98 |
Change
-0.090(1.48%) |
Mkt cap ! $5.589B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.11 | $5.98 | $17.19M | 2.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 79108 | $5.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.02 | 17678 | 2 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |