Say an SP plummets on Monday. Usually, you can expect it to also fall on Tuesday and Wednesday. At least.
Price rebounds during the few days of a good plummet are dead cat events- FOMO fueled punters rushing in before the price goes up again.
Topping up too soon increases the short term paper losses- or the long term loss if it goes completely pear shaped.
Something like that.
IMHO DYOR
Is WBC Over Sold ?, page-25
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Last
$33.06 |
Change
0.620(1.91%) |
Mkt cap ! $113.6B | |||
| Open | High | Low | Value | Volume |
| $32.67 | $33.06 | $32.55 | $172.5M | 5.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150 | $33.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.07 | 8759 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WBC (ASX) Chart |