I'm not very good with the technical aspects of st
Post# of 96879
Posted On: 09/11/2015 2:26:43 PM
I'm not very good with the technical aspects of stocks, but today hasn't surprised me entirely - there have been a couple of times over the last 4 months where we've closed below the 50 day average after being above it - the next day has had a sell off and then a strong finish.
2 times in May, once in late July, once in early August and now today. Today's was the steepest though.
I didn't set any limit orders in for today, but was fortunate enough to see the action when I came home and sold some shares of another holding to free up some cash. I didn't catch the .072 as it had already passed, but was able to grab 770k for an average of ~0.0087 to increase my holdings by ~11%. Good news is that it's lowered my overall average to 0.025.
Good luck to all and hopefully this is the final shake until we move onwards and upwards.
Regards,
-kbulldog.
2 times in May, once in late July, once in early August and now today. Today's was the steepest though.
I didn't set any limit orders in for today, but was fortunate enough to see the action when I came home and sold some shares of another holding to free up some cash. I didn't catch the .072 as it had already passed, but was able to grab 770k for an average of ~0.0087 to increase my holdings by ~11%. Good news is that it's lowered my overall average to 0.025.
Good luck to all and hopefully this is the final shake until we move onwards and upwards.
Regards,
-kbulldog.
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