Dazza00...I always set my stop loss at two standard deviations from the 20 day moving average ...or 10% from the moving price ...I don't see a need to sell as long as the price is moving steadily upwards....In the past I often took profits far too early ...I try and avoid rapidly moving shares that are very volatile..but if I do really like the story and the numbers I use a 10% stop from the moving price or from my entry price and I may enter and exit the shares a number of times...it can be very frustrating but profitable!!!
I prefer to let the market do the work on the share and I just follow...I'm not smart enough to know the future ..I wait until the crowd are joining the party and I then join... and leave when the crowd leave...major funds buying are many thousand of times times greater than my small holding..I just catch the bus and try to get a front seat!!!
Before I enter any share I check out my evolving scenario..ie. how is the market for this product and is it a growing market ..what are the drivers ...what are the negatives .
Both the scenario for Uranium and PDN passed my test at 30c and are evolving solidly.
I believe the existing forces will take PDN well past its old high..where too...we must wait and see....I think it will be a long journey and it will make many fortunes ...but only time will tell.
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- worth keeping an eye on as well..
worth keeping an eye on as well.., page-46
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Last
$13.17 |
Change
0.020(0.15%) |
Mkt cap ! $3.937B |
Open | High | Low | Value | Volume |
$13.29 | $13.39 | $13.04 | $23.61M | 1.782M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7662 | $13.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.18 | 22798 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7662 | 13.160 |
4 | 13472 | 13.150 |
1 | 7208 | 13.140 |
1 | 7208 | 13.110 |
4 | 20758 | 13.100 |
Price($) | Vol. | No. |
---|---|---|
13.250 | 31571 | 1 |
13.280 | 1685 | 2 |
13.300 | 7208 | 1 |
13.310 | 18941 | 1 |
13.320 | 11291 | 2 |
Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
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PDN (ASX) Chart |