At least with MFG if you do hold there will be recovery it depends when some of the bigger investors decide to double up.I doubt they will go back to $25.
I have done similar to you with other shares but inevitably they will take off then stop retracing,it depends on what your strategy,short term or long term but it is low risk, enjoy.
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MFG
magellan financial group limited
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3.80%
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$8.09

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Last
$8.09 |
Change
-0.320(3.80%) |
Mkt cap ! $1.396B |
Open | High | Low | Value | Volume |
$8.33 | $8.55 | $7.98 | $13.93M | 1.715M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $8.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.10 | 1141 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 8.070 |
1 | 3600 | 8.030 |
1 | 3989 | 8.020 |
2 | 6989 | 8.010 |
3 | 8625 | 8.000 |
Price($) | Vol. | No. |
---|---|---|
8.100 | 1141 | 2 |
8.150 | 6989 | 2 |
8.160 | 6489 | 2 |
8.180 | 5389 | 2 |
8.190 | 8296 | 3 |
Last trade - 16.14pm 23/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |