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6.06%

17.5¢ seven west media limited

"...So what to do for my position, nothing the 12k loss now is...

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Outgoing123

877 Posts.

58

03/03/21

10:41

Post #: 51476067
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Originally posted by Byron: ↑

It appears imo they are going to push this lower, perhaps .45c or less, the reason is I can see the constant sell load ups and the more than double sell ratio.
It may have had its run, nothing to do with anything else, they want it lower.

So I have to prepare that I will sit on Hugh losses for some time. I made the mistake of taking my eye of the day trading, changing strategy. I could have sold twice at 56c, now staring down a barrel. I really dont like people saying 70c then $1, this is really dangerous stuff to do. I try to ignore it but some times it gets in the way & distracts. Hopefully I wont break my rules again as above. It ties my cash up unnecessarily.

Im only making a suggestion the above based on my observation. Lower highs lower lows. Its happening

So what to do for my position, nothing the 12k loss now is too big to take. Hopefully SWM can get moving because if you look at the graph there appears to be a U Turn..

Lets see shall we

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"...So what to do for my position, nothing the 12k loss now is too big to take..."
That's why I don't do day trading...too stressful.
I hold it for long term.

SWM Price at posting: 50.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 17.5¢		Change 0.010(6.06%)		Mkt cap ! $253.9M

Open	High	Low	Value	Volume
17.0¢	18.0¢	16.5¢	$401.0K	2.307M

Buyers (Bids)

No.	Vol.	Price($)
3	65811	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	43929	3

View Market Depth

No.	Vol.	Price($)
5	111492	0.175
13	437446	0.170
10	373904	0.165
17	479031	0.160
10	650057	0.155

Price($)	Vol.	No.
0.180	797654	16
0.185	344712	6
0.190	478059	7
0.195	92027	3
0.200	111367	8

Last trade - 15.59pm 30/08/2024 (20 minute delay)

SWM (ASX) Chart

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