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
Say an SP plummets on Monday. Usually, you can expect it to also...
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Last
$30.86 |
Change
-0.040(0.13%) |
Mkt cap ! $106.2B | |||
| Open | High | Low | Value | Volume |
| $30.85 | $30.93 | $30.67 | $118.6M | 3.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3114 | $30.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.90 | 2624 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| WBC (ASX) Chart |