BUD - Buddy Technologies

[over9k]

BUD keeping its chin up nicely solidly hitting $0.10 with a solid attempt at pushing through.
Hardly surprising supply came back but seems to be well supported for now.
With a few more announcements expected in the coming weeks, I am not expecting any big retrace.
Weak hands have been dealt with today already. Cheers.

View attachment 108450

There wasn't even a pullback after the first two bounces. Very encouraging

 

[aus_trader]

I think other investors and traders are just getting to know our buddy on other forums...

Kudos to F.R. for introducing his buddy to us first

 

[over9k]

Other forums meaning hot copper?

 

[over9k]

I'd buy FR a beer, but i suspect his gains have already bought him several

 

[tech/a]

I’m not so bullish exiting at the close yesterday

well done FR

sharing is caring .

 

[tech/a]

Another ugly pullback

 

[over9k]

Yeah but the whole market's an absolute bloodbath (xjo & xao both about 1.7% in the red) today so meh.

 

[tech/a]

Yeah but the whole market's an absolute bloodbath (xjo & xao both about 1.7% in the red) today so meh.

Yep
Got out of this one but got smashed on a few others.
Sometimes all you can do is limit loss.

 

[over9k]

I've pulled the trigger on several small trades today thanks to this dip - z1p, apx, wtc, qbe, and xro. Thought about buying the atec etf but went naaaahhh... volatility

 

[tech/a]

BUD is showing some resilience.

 

[over9k]

Yep everything's on the rebound now.

Bad asx days usually bottom out around 11am. Funny quirk. We'll see what it closes at. All my other trades I bought at virtually the bottom so fingers crossed I'll be in the green by the afternoon.

 

[frugal.rock]

While I have lightened the load, not today.
Emotionless trading.
Thanks @Skate
Even if your system is chaos theory based, you still need to stick to the plan. Cheers.

 

[tech/a]

While I have lightened the load, not today.
Emotionless trading.
Thanks @Skate
Even if your system is chaos theory based, you still need to stick to the plan. Cheers.

Hmmm

Truisms---!!!
Kamikaze comes to mind.

 

[aus_trader]

Big banks which make 1/4 of asx is dragging the index down...

 

[over9k]

Almost all the tech (except kogan, my wonderchild) is a bloodbath too. And travel. It's just murder all round.

 

[aus_trader]

Almost all the tech (except kogan, my wonderchild) is a bloodbath too. And travel. It's just murder all round.

agree

 

[over9k]

Now to decide whether to buy into a bank or not. I nabbed QBE (chief exec resigns on the same day that this bloodbath happened? what a coincidence) but I'm iffy about the banks.

 

[aus_trader]

Now to decide whether to buy into a bank or not. I nabbed QBE (chief exec resigns on the same day that this bloodbath happened? what a coincidence) but I'm iffy about the banks.

I have a bit of Bank of Queensland Limited (BOQ) in the Speculative Stock Portfolio. So I think that might be of sufficient exposure in this environment in case the banks do recover...

 

[jbocker]

Preliminary Financial Report


https://www.asx.com.au/asxpdf/20200831/pdf/44m5kh53g8c8vh.pdf

I just noticed there was a second and later announcement yesterday that was interesting, and I thought was quite positive news regarding sales of their new LIFX Clean.
LIFX Clean Given Green Light for US Sales
https://www.asx.com.au/asxpdf/20200901/pdf/44m6nszgfl6dj0.pdf

 

[Garpal Gumnut]

I expect this to come back to the gap
Have a larger order in the middle of it.
May not happen today but it MIGHT happen
pretty soon.

I took @tech/a 's opinion and await the gap to be filled.

gg