Day traders realise value in the market quicker than the majority of the rest, they do that by seeing 'garbage' in the way a stock trades - trades don't always go their way so they need to exit.
If you weren't greedy you wouldn't be in the stock market.
For the record I'm in this long, but will look to add to my holdings by trading and free carrying parcels.
Now back to stock related matters: 2 big green candles on large volume followed by yesterday's red candle that closed the gap to 16c on low volume. Now there is a heap of volume that has come in underneath probably because they missed their chance to get in below 17c.
I really hope the stupidly timed selling is done for now as this has some major rerating to do.
DCC Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
