Thanks tciboss, got my head a bit lost there reading the posts..
I think your right, i have definitely learnt the value of having stop losses - its called capital preservation!! I almost sold out of PEX when it dropped from 29.5 to 21.. ..in fact that was way over my stop loss, but had a strong feeling about the stock so was lucky.. ..could have ended up alot worse though!
I like PEX and think it has potential, definitely some good swings to trade, but unless your in it for the long term your absolutely spot on.
Im looking for a re-entry closer to 32, todays actions just reinforced that. Could be a descending wedge from the recent highs which would reinforce that further - taking note of the current BvS as well.
A move above 36 tomorrow could signal a breakout - but for now the trend is down i think. 32 is probably the lowest it will go.
Thanks tciboss, got my head a bit lost there reading the...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $61.01M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.5¢ | $198.8K | 1.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PEX (ASX) Chart |