Dangerous price territory.... .00744 Looks like
Post# of 10688
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Looks like it could possibly hit .00744 today? Without support at .00744 could it be entering dangerous waters? Will selling volume accelerate between .00744 and .00717?
Support 1
0.007448
Support 2
0.007174
Are stop limit loss orders also known as limit orders? Is it possible not being able to sell at the stop limit loss price? Would the stop loss limit order ending up filling below the stop loss specified price? Not familiar with how that works? Maybe the MMs can help to avoid this.
Quote:
As the stock begins to decline in value, if the stock trades at or below the stop price, the order will trigger and become a limit order to sell at the specified limit price. Because the order is now a limit order, execution cannot occur unless the position can be sold at the limit price specified (or better).
Anyone have any experience with this scenario? Not seeking advice just clarification.
We shall see.
in my humble opinion
cheers
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