Hi Telamelo
Some of the best calls I have made is when the technicals are weak. If you believe in your FA , then sometimes waiting for TA to improve and give you buy signal means you left a big % of return on the table . I will show your for illustrative pursposes only .
I have a 100k to invest and I can buy now or wait for TA to confirm trend change and buy .
let’s assume I don’t wait and buy now. I would buy 208333 shares
Investor B waits for TA buy confirmation and buys at 57 ( making it up ) they buy 175438
now both investor A and B are correct that MGX was undervalued and it steadily trades up to 1 dollar
investor A makes 108% vs investor B who makes 75% They likelihood is return will be even greater as investor A will also get higher dividend income .
so my point is waiting for charts to trigger a buy sometime results in a poorer return outcome as all you are waiting for is the valuation gap to narrow.
I am assuming one possesses skills to make a strong FA call
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Hi Telamelo Some of the best calls I have made is when the...
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $312.5M |
Open | High | Low | Value | Volume |
27.0¢ | 27.0¢ | 25.8¢ | $777.8K | 2.952M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 259284 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 209741 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 259284 | 0.265 |
10 | 540197 | 0.260 |
9 | 564202 | 0.255 |
15 | 1053500 | 0.250 |
1 | 250000 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 209741 | 8 |
0.275 | 751908 | 9 |
0.280 | 344525 | 9 |
0.285 | 243981 | 7 |
0.290 | 99145 | 5 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
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