Averaging down is the quickest way to go broke imo. What you are effectively doing in that instance is buying stock that is going down. One of the first points of any trading plan should be to buy when it's going up.
Just my opinion.
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Last
32.5¢ |
Change
-0.020(5.80%) |
Mkt cap ! $479.3M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $729.5K | 2.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 211958 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 188310 | 34 |
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| Last trade - 15.22pm 27/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |