JohnDe
La dolce vita
- Joined
- 11 March 2020
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*isWho i missing what point??
OK so the founder/director sold a few more shares at a discount. There was no need for the market to fall down to the price he negotiated but it did. Does this selloff present a good opportunity to buy? The market contrarian in me thinks yes. The trader in me says yes but how do I manage risk for a short term trade? Any price selected for a stop loss will be purely arbitrary if I buy at market.
View attachment 172283
As I like to buy shares when they're going up I should place a buy stop order at say 10.95 (limit 11.00), then I can place my disaster stop loss exit below yesterday's low (10.55). The risk is defined as ~0.50 with a potential reward 3:1 if price rallies to the recent highs near 12.60.
Dicker Data Limited (ASX: DDR) advises that its Annual General Meeting will be held as an in-person meeting on Monday 27th May 2024 commencing at 2.00pm AEST.
Further details will be provided in the Notice of Meeting which will be released to the ASX and provided to shareholders on Friday 26th April 2024.
Dicker Data further advises that nominations from persons seeking to be considered for election as a Director of the Company are required to be received at the registered office of the Company by 5.00pm (AEST) on 09 April 2024
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