My 35 years also taught me how you must not rely on one buzz word,like intrinsic value.
Very expensive mistake.
Let me inform you of Capitulation Theory., actually worth googling.
But essentially it's when a SP capitulates on real panic selling where the Holders have held for a long time but then throw in the towel at whatever price they can get.
Now, this is followed by a significant rally as raw panic is not a good way to trade. So, we could experience a GRADUAL rally, but it will be slow.
Gotta love CFD's!
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Last
$1.11 |
Change
0.000(0.00%) |
Mkt cap ! $111.1M |
Open | High | Low | Value | Volume |
$1.11 | $1.11 | $1.11 | $11.05K | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 291 | $1.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 28248 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3840 | 0.790 |
1 | 5000 | 0.720 |
2 | 4500 | 0.700 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 3861 | 2 |
0.910 | 5000 | 1 |
0.920 | 10000 | 1 |
0.990 | 9810 | 2 |
0.000 | 0 | 0 |
Last trade - 10.08am 29/11/2024 (20 minute delay) ? |
SDI (ASX) Chart |