Initially I took a small swing on the crash to the light blue area and fully closed that… but it perked my interested and prompted more research.
I liked what I saw and was very happy to see price fall back down to it’s recent low (Where I added most of my sizing) and then past the prior low.
This won’t be a fast turn around but everything in the numbers suggests that with a little patience, me and my copiers will be rewarded nicely. I don’t anticipate a v shaped recovery, so bear that in mind, it has broke above its 50 day moving average with a nice gap up though, potentially signalling the bottom is in.
Little note here, the market makers have a tight choke on this and would like it to stay between $310 and $295 for a while. Unsure if they will be able to pin it there though, so I’m monitoring. Ill put an image of that in the comments.
My plan:
I’m pretty happy with my sizing on this one and don’t plan to add unless there’s a large pullback or other positions in my portfolio need some rotation later on, this would be a good home for those funds if it stays supressed.
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๐ข Growth Metrics:
Year to date: 1๏ธโฃ7๏ธโฃ.5๏ธโฃ2๏ธโฃ%
2 years: 9๏ธโฃ9๏ธโฃ.8๏ธโฃ7๏ธโฃ%
5 years: 2๏ธโฃ6๏ธโฃ4๏ธโฃ. 6๏ธโฃ7๏ธโฃ%
๐ข Find Me:
โถ๏ธ๐๐ค๐ช๐ฉ๐ช๐๐: @Crafty_Trader
๐: @Crafty_Trader
๐: ๐๐๐๐จ๐๐ฉ๐: www.thecraftytrader.com
https://bullaware.com/etoro/JodySlaney
@JodySlaney with CISI Lvl 3 Wealth & Investment Management
๐ข Disclaimer:
The views expressed above are my personal opinion and do not constitute investment or financial advice. Please remember that your capital is at risk, and past performance is not a reliable indicator of future results.
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