I personally never buy at a down turn trying to catch a falling knife.
I am happy to see a stock breakout of a sound base with sound fundamentals and I buy then, probably lose some gains that I could have had if I bought at the bottom but risk/reward ratio does not cut it for me.
Z1P - Technical Analysis posts, page-291
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Last
$2.12 |
Change
-0.150(6.61%) |
Mkt cap ! $2.667B | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.35 | $1.99 | $38.33M | 18.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 91433 | $2.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.12 | 39908 | 8 |
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| Last trade - 10.58am 27/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |