AEV 7.14% 1.5¢ avenira limited

stop loss level

  1. Taz
    226 Posts.
    After yesterday's roller coaster prices after re-open following the speeding ticket halt, it makes it very hard to decide on a realistic stop loss level, one that will not whipshaw you out on a quick temporary drop only to see the price recover dramatically soon after, as it does with MAK so's such a volatile stock.
    It'k OK to say buy back in again - but when your original holdings cost sub-60c, you then have to lay out double your money or more for abuy-back, - which some would not be keen to do.
    Chartists predicting lower and lower support lines confuse the issue further.
    I am sure many intending long term holders were suddenly whipshawed out in yesterday's volatility confusion when in reality they didn't want to sell.
    Any comment?
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