Yes, in a general situation I would agree with you but monitoring trading in this stock I expected a retracement today due to a not "enough" trading volume last Friday when I decided to close my position after 4pm. I am interested to re-enter at a lower price level. The same trading strategy has been used by myself trading this stock many times.
WAM lists DTL as a top stock for FY2018, page-41
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Last
$7.46 |
Change
0.060(0.81%) |
Mkt cap ! $1.155B | |||
| Open | High | Low | Value | Volume |
| $7.42 | $7.48 | $7.36 | $4.211M | 566.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2630 | $7.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.47 | 1712 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| DTL (ASX) Chart |