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
$32.41 |
Change
-0.140(0.43%) |
Mkt cap ! $111.4B | |||
| Open | High | Low | Value | Volume |
| $32.54 | $32.67 | $32.31 | $234.7M | 7.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15720 | $32.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.44 | 1208 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WBC (ASX) Chart |