THE STOCK NORMALLY OVERREACTS THE BAD ANNOUNCEMENT.
-First day will be dumped substantially at high volume,
-Second day will continue dropping but at SMALL loss
-Third day will recover some or over 20%
Hate to say it, but I am about to prove your theory dead wrong. I've never owned this stock but became interested after the big plunge on Thursday. Despite my gut telling me not to, I inexplicably cancelled a buy order at 4.2 yesterday morning, and missed the run to 4.7. Then it pulled back to 4.2 and looked to have great support there late in the day, so I took a position. Sure enough, for no apparent reason and completely out of the blue, support then collapsed instantly, two levels gone in a flash. Because I was punished for cancelling my first order and missing out on a quick easy profit, I now must be punished again for having the audacity to think I could be given a second chance. There will be NO RALLY beyond my entry price, let alone a 20% rally or the 50% some others are talking about.
- Forums
- ASX - By Stock
- FAR
- look far ahead
look far ahead, page-8
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
49.0¢ |
Change
-0.005(1.01%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
49.0¢ | 49.0¢ | 48.5¢ | $147.8K | 301.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 97423 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 13991 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 97423 | 0.485 |
2 | 110000 | 0.480 |
1 | 100000 | 0.475 |
1 | 100000 | 0.470 |
1 | 50000 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 13991 | 3 |
0.510 | 222895 | 5 |
0.515 | 103300 | 2 |
0.520 | 421965 | 4 |
0.525 | 100000 | 1 |
Last trade - 12.38pm 09/09/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |