DXN 6.41% 7.3¢ dxn limited

was asked yesterday for a price target. I never post price...

  1. 594 Posts.
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    was asked yesterday for a price target. I never post price targets as once you put a specific number people tend to get a fixation on it and if it doesn't reach it they can become somewhat lost and usually angry at the person who posted it , or if they sell at that price and it rises they feel ripped off. It's far easier to let these traders work out for themselves what price they exit.
    The other point given how the market is behaving at the moment is you cannot discount explosive moves (some stocks last week went Disallowed in 1-2 days). Should this occur to DXN, I'll simply put a trailing stoploss order and see what happens.
    However after breaking 2.5, I would not be surprised if the daily pricebar starts to extend at the sp starts to rise quickly. One day at a time let's see what happens
 
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Last
7.3¢
Change
-0.005(6.41%)
Mkt cap ! $13.64M
Open High Low Value Volume
7.8¢ 7.8¢ 7.1¢ $20.15K 271.1K

Buyers (Bids)

No. Vol. Price($)
1 2842 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 34 1
View Market Depth
Last trade - 15.34pm 30/08/2024 (20 minute delay) ?
DXN (ASX) Chart
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