I was hoping/expecting it would go lower this afternoon. Want to rebuy what I sold this morning but don't want to pay more than 145.
Printable View
I was hoping/expecting it would go lower this afternoon. Want to rebuy what I sold this morning but don't want to pay more than 145.
Ah also is the reason for small volume bot or human trading used so it triggers people's trigger orders?
yes but you have to watch for gap up (or gap down with stop losses).
If you put in that $1.10 - $1.20 order n Tuesday night (when the close was ~$1) then you would have missed out as it opened on Wednesday on ~$1.50. So while it was above $1.10 to trigger your buying, it was above you limit of $1.20, so your order wouldn't have gone though. Re stop losses, look at what happened with DIL a couple of weeks ago and see how you may have missed out with a tight stop loss limit order
What I wanted to do with XRO, is when it was at about $19, I sold out one day, and thought if it goes down, I'll buy it back, if it goes above $20 I will buy it back too, but I had to watch it manually without trigger orders. Trigger orders can also be good for auto trading when resistance level is broken?
Hmmm, SP is down overall on the day but has recovered three times from reasonable downward pressure. Seems the support for this stock might not be allowing it to drop too much. Last hour will be interesting, could fling either way but i would pick a slight recovery rather than a retrenchment. Oh the tension. ; )
Rights issues do tend to weigh upon a stocks price until close to the ex date. I could be wrong (many times I have been before) but I'm figuring two trading days before the ex date of 5 Nov will be a good time to buy into this stock again..i.e. next Friday afternoon may be the best time.
Im currently tossing up whether to top up or not.
Thinking most likely there will be another rise on monday but then again the drop today could carry over to a drop on monday as well :/