$Regis Resources Ltd(RRL.AU)$

[Cry] There's a rally of more than 10% todayreaching $1.45 at peak. Appears to be short covering. 

I entered at $1.285 yesterday while doing DCA.

I didn't check the stock movement in the morning, and missed the move.

I was thinking to sell off the same no of shares that I bought ytd for target price of $1.435, profit of $0.15, netting >10% move in one day...

If the sell order is filled, to replace the buy order at $1.285 locking in some gains.

Seems like I am late to the party, Price is moving down. 

[Helpless] will maintain the sell order at $1.435 and see what happens next. 

I won't advise adding on to $Regis Resources Ltd(RRL.AU)$though, cos it isn't that stable compared to bigger gold players. 

I continued to DCA I am already holding Regis shares, and I Want to lower the average price. In addition, I am of the opinion that short selling is overdone. 

Well, same comment as yesterday. Hero or zero for Regis. [Helpless] See how it goes. 

# 💰 Stocks to watch today?(19 Dec)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • CYKuan
    ·2022-07-01
    Next time probably can have your investment plan done beforehand can set GTC order to avoid any missed out [smile]
    Reply
    Report
    Fold Replies
    • BontaReplying toCYKuan
      Thanks [Happy]
      2022-07-02
      Reply
      Report
    • CYKuanReplying toBonta
      [Happy] Good try though [Tongue]
      2022-07-01
      Reply
      Report
    • Bonta
      I was planning to just do plain dca, and not do any short term trades. The sudden rally came as a surprise. Thats y i was trying to cash out and reset the dca. Too attractive to resist. [Facepalm]
      2022-07-01
      Reply
      Report
    View more 1 comments
  • frosti
    ·2022-07-01
    Be careful.Regis is risky now.
    Reply
    Report
  • vippy
    ·2022-07-01
    Thanks for your useful sharing.
    Reply
    Report
    Fold Replies
    • Bombayah
      ok
      2022-07-05
      Reply
      Report
  • zinglee
    ·2022-07-01
    The price NOW is too high for Regis .
    Reply
    Report
  • RedpillBluep
    ·2022-07-04
    Interesting article! Thanks for sharing, appreciated. 👍
    Reply
    Report
  • LeonaClemens
    ·2022-07-01
    Cost price of $1.285 looks good for you.
    Reply
    Report
  • JCKL488
    ·2022-07-05
    You know what comes next…
    Reply
    Report
    Fold Replies
  • DonnaMay
    ·2022-07-02
    Your writing gave me a reference
    Reply
    Report
  • GeraldLee
    ·2022-07-06

    공유해 주셔서 감사합니다! 

    Reply
    Report
  • CynthiaVogt
    ·2022-07-01
    Will not add it hmm. Thanks for advice. Let's see
    Reply
    Report
  • Tracccy
    ·2022-07-01
    Good. See whats happen next
    Reply
    Report
  • CaesarHicks
    ·2022-07-01
    DCA is good for investment . Pretty cool.
    Reply
    Report
  • zp1989
    ·2022-07-05
    nice read
    Reply
    Report
  • 叫我發先生
    ·2022-07-06
    Heng heng, pls give me a like
    Reply
    Report
  • Eatmi
    ·2022-07-06
    Learning more about investment strategy
    Reply
    Report
  • TKY1978
    ·2022-07-06
    Trade with care
    Reply
    Report
  • K734
    ·2022-07-06
    Thanks for sharing
    Reply
    Report
  • BigBlueBear
    ·2022-07-06
    Thanks for sharing your approach
    Reply
    Report
  • xuany
    ·2022-07-06
    [龇牙] [龇牙]
    Reply
    Report
  • beiluo
    ·2022-07-06
    [流泪] [流泪]
    Reply
    Report