DEG 1.24% $1.22 de grey mining limited

The day of shorts, page-89

  1. 6,900 Posts.
    lightbulb Created with Sketch. 50
    "Sorry but under .20 is under 50M market cap so I doubt we will see that level again."

    I'm sorry but the market doesn't care about our opinions and there is still a chance that this will fall below 20cents. The whole "story" has been over priced for the time being and the market is offering a strong correction in all stocks caught up in it. My system offered sells in all Pilbara stocks last week, incl DEG, ARV, SEG, KAI

    "In my experience, industry sell downs and volatility from 214-216 is that always buy on the third red day. Friday arvo will be too late"

    In your experience, when we have seen 10-12 baggers in the space of 2 months and they retrace at the rate of knots they have you are suggesting to buy on the 3rd red day?

    For the record, gap filled at 24.5, 30day MA is at 25 and price has broken thru.
    Gaps still open at 22.5 & 15.75

    In my experience, with sell offs such as this there is always time to re-enter at prices well below previous exits (if we have taken profits) and there is usually a consolidation period to reflect this.

    Above all, what this does do regardless of opinions is create some great entry points! (providing stocks form new highs)

    Cheers
 
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Last
$1.22
Change
0.015(1.24%)
Mkt cap ! $2.923B
Open High Low Value Volume
$1.21 $1.22 $1.19 $4.131M 3.413M

Buyers (Bids)

No. Vol. Price($)
3 68632 $1.22
 

Sellers (Offers)

Price($) Vol. No.
$1.22 164146 15
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
DEG (ASX) Chart
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