What I have learnt over many years is, the first day of the sell off is never the bottom.
Take the day of close and take another 10% ( up to 15% if the volume was quite high) off and your reaching a good entry point.
I have noticed stocks that disappoint, always give you an opportunity to get in. It hardly ever bounces quick.
Of course depending on a few factors, I will look for a 6.30 - 6.40 entry, if it gets there.
sell-off overdone?, page-7
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Last
$8.63 |
Change
-0.060(0.69%) |
Mkt cap ! $1.936B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.69 | $8.61 | $2.400M | 277.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 883 | $8.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.64 | 5690 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GNC (ASX) Chart |