Bottom Fishing

Yesterday bought AGL at $6.79.
It's not exactly the bottom but.
AGL.AX_Barchart_Interactive_Chart_01_11_2022.png
 
Bought 50 shrs. GNRC @ 319.00 few days ago. Had a hell of a pullback from a beautiful chart.
Always does well during hurricane season. I’ve installed some of their units. Very popular.
 
mac said:
Bought 50 shrs. GNRC @ 319.00 few days ago. Had a hell of a pullback from a beautiful chart.
Always does well during hurricane season. I’ve installed some of their units. Very popular.
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I don't know how big your bank is, but I used to buy shitload size positions like $35,000 a pop, but I've now swung the other way, I buy a large number of small positions, depending how speccy but anywhere from $500 up to about $5k max.
I find it easier to trade this way.
The markets to me are like a lolly shop, always juicy morcels on offer, so going small means I can feast on lots of tidbits.
Not a week goes by that something doesn't pop up which requires a snaffle up.
Then I wean off those not so keen, eg, sell those which misbehave.
 
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I'm looking for the bottom on this one, Pointsbet, its a bookmaker/online betting. I'm guessing its about here at $5 but not getting a signal to say its bottomed.
It may go to $4 imo.
Anyhow, its on my radar.....
 
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The short sellers have their tentacles wrapped around PBH (#21), all good, will bide my time and get a better bargain, right now doesn't seem to be the time.
PBH is up 6.5% atm, but still doesn't look convincing as a breakout, betya toward eod they smack it down again.
 
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Shorts are using this opportunity to make their escape me thinks.The past week I think they were partially covering their positions each eod as they ease out.
I set a price limit last night @ $5.01 and got filled @ $4.90 on open today.
Another 30 minutes to go prior to mkt close.
 
I believe shorts are exiting and up from here depending on mkt bearishness which am not anticipating in immediated future.
Price action today.....
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