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
$9.15 |
Change
-0.050(0.54%) |
Mkt cap ! $2.052B | |||
| Open | High | Low | Value | Volume |
| $9.19 | $9.28 | $9.09 | $4.161M | 454.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2924 | $9.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.18 | 3113 | 2 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| GNC (ASX) Chart |