Whats a good thing ?
First thing to ask yourself what is happening ?
Its going DOWN..
Ok no bits and butts .. DOWN
What is the context ?
it is going down after having gone down.
So all that Volume . All those buyers who bought all the way down from .07 Have they been smarties ? or Dummies ?
What does the PRICE ACTION right now suggest ?
Maybe they were people who could not get on because it just kept getting away from them all the way up to .07.
But when it fell ? Well now they could buy at .06 or .05 .04 or .038 AND it WAS JUST .07 ! etc ...
The buyers who buy all the way down tend to be BARGAIN HUNTING LAGGARDS..
A smart Buyer is one who Buys and the share price Goes UP.
Because when He Bought . The shares Were "really" cheap.
They were cheap because the share price was NOT GOING DOWN.
So it is not good atm
for me atm It is a HOLD.
We will know things are good and that the shares are cheap.
When it stops going down and esp closes strong.
The opposite of what is happening.
As I said good things Do not keep going down.
Someone will start to really BUY.
That is why a close above .036 I think is important.
You want to get in EARLY not LATE.
Problem these are connected by a circle
So get confused.
Motorway
- Forums
- ASX - By Stock
- GCN
- time delays
time delays, page-5
-
- There are more pages in this discussion • 5 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 GCN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online