Discussion in 'Stocks & Derivatives' started by scott_reeve, Sep 28, 2019.
Announcement not what the market wanted down over 13% at time of post?
Scoping studies, BFSs etc are usually used by the market as a 'sell the news' event. Happened a lot with lithium, cobalt & vanadium companies during their boom times.
Have had a buy order in over the past few days trying to average up.
I've been trying to add to my position over the past week, had orders in at 0.15c and 0.16c waiting for a small correction. I'm thinking I may well just have to meet the seller's prices?
Ended up not waiting for a dip, it did get back down around to 0.175 a couple of days after I averaged up and added to my holdings at 0.195 at the beginning of last week.
An absolute ripper of a stock the last 3 months! I wouldn't be surprised to see a slight pullback soon though, there's a small gap around the 24c/24.5c range that needs to be filled. Some indicators are showing potential overbought territory as well. Will be looking to double my holdings with an order around that 24 cent mark soon
Thanks @mongrelmaple for your input re: 24c mark. I'll keep an eye on that price range too. If not I'll wait for some consolidation and the next hint of moves on the daily/weekly carts. This one I'm just going to keep buying.
Separate names with a comma.