Wouldn't say it's fallen out of favour, for penny stocks...

Wouldn't say it's fallen out of favour, for penny stocks especially always expected that unless there is more news/momentum to support the SP to higher highs it's always likely to retrace to the last significant resitance level. If it continues to sell off below 50c that would be a concern.

If you're invested long term worst thing you can do is watch daily SP movements. Just set a stop/loss or trailing stop.loss and forget it, look back every few weeks or so.



Kat.