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12.5%

1.8¢ ragusa minerals ltd

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RobertoQ

1,290 Posts.

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06/05/23

22:57

Post #: 67642861
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Originally posted by MarkHGO: ↑

This may interest some - copied from IXR thread by greenhart:
greenhart
11,519 Posts.
36
25/01/23
10:30
Post #:65870264

4. Decline or Run-down Phase
(Image Credits:Investopedia)

This is the last stage of the stock market cycle and is not a favorable time for most investors. Those traders who bought stocks during the distribution phase hastily try to sell as they are underwater on their positions. However, there are few buyers to meet the sale of shares. This lack of demand drives down the prices of stocks. If there are higher lows in the market for a long period of time, it signifies that the market is headed towards the accumulation stage.
How to trade:
During this phase prices of stocks fall lower than expected so ‘don’t try to catch the falling knife’. A bear marker provides a good opportunity for long trades if the right strategies are used.It is important not to panic and sell during this period because these phases don’t last forever.

Perhaps this is a reflection of where RAS is at?

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RAS Price at posting: 8.3¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 1.8¢		Change 0.002(12.5%)		Mkt cap ! $2.566M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$180	10K

Buyers (Bids)

No.	Vol.	Price($)
2	346967	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	731575	3

View Market Depth

No.	Vol.	Price($)
2	346967	0.016
3	374868	0.015
4	487374	0.014
3	744274	0.013
5	515000	0.012

Price($)	Vol.	No.
0.018	731575	3
0.019	24200	1
0.020	150000	1
0.025	227780	2
0.040	5578	1

Last trade - 10.06am 27/09/2024 (20 minute delay)

RAS (ASX) Chart