The numbers are big and the timing for SMA spot-on. Many watched the rapid decline to 1 cent, however the climb back has been ordered. So ordered that there are no gaps for people to buy and sell into easily, if that is their strategy.
The recent growth occurred after consolidation and upon the regular supply of positive data. No pump and dump and no spikes and retraces, just a solid performance that has absorbed any sell orders in a measured fashion.
I could sell tomorrow and bank at least a 25% profit, however sma is part of my portfolio that I allow to run hard with a trailing stop of approximately 10%, so I may well buy more this week to reset my position accordingly.
I see sma as a substantially 'derisked' investment and I encourage others to study the fundamentals and the technicals before making their own investment decisions.
SMA Above 0.026, page-25
-
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ODA (ASX) to my watchlist
|
|||||
Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $28.75M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.0¢ | $564 | 3.314K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13334 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13334 | 0.165 |
2 | 13023 | 0.155 |
1 | 2000 | 0.130 |
1 | 37000 | 0.110 |
1 | 60000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 10000 | 1 |
0.205 | 9447 | 1 |
0.210 | 50000 | 1 |
0.220 | 16153 | 1 |
0.225 | 2300 | 1 |
Last trade - 14.11pm 26/08/2024 (20 minute delay) ? |
Featured News
ODA (ASX) Chart |