BCN 3.70% 2.6¢ beacon minerals limited

Regret my cowardly action, page-62

  1. 2,103 Posts.
    lightbulb Created with Sketch. 184
    Because I am a full-time ST trader and I live off my profits, as well as accumulating capital, and 8% for holding a bulk buy for 24 hours is good money. I have read the reports and taken the risk that there will be a retracement in the next few days/weeks before the next announcement and I'll buy back in at a lower price than I sold for which means I won't lower my "profit margin with each price increment". If I don't get the retracement in the next couple of days, I'll put my money into something else that's moving fast. One can lose a lot of potential profit by leaving money in a stock that's only shifting sideways. Today's long-legged doji suggests there will be a reversal in SP tomorrow, and without another announcement I'm thinking it will drop. If it does, the next support line is at 0.022, and 0.020 below that.

    Each to their own style of trading/investing, Cheers, GW
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
-0.001(3.70%)
Mkt cap ! $97.67M
Open High Low Value Volume
2.6¢ 2.7¢ 2.6¢ $165.6K 6.179M

Buyers (Bids)

No. Vol. Price($)
2 41162 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 714651 5
View Market Depth
Last trade - 15.18pm 15/07/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.