Entered into first position of this stock today. It has historically shown some wild moves. Extremely oversold on monthly charts.
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Bought more at backtest of breakout
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Yes, we might have a final 5 (5).
Scaling in more at lower levels.. As idea suggests.. Long term holding.
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In that case, there is little doubt that this asset has had 5 complete on both A and C wave and we are having a historic bottom.
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And now.. Buying again. Downtrend complete as five clear waves are complete in the fifth.
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Average cost of position is now 0.82. Holding 4800 shares. Scaling in gradually is key...
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Quite difficult to Count this last 5th wave. Should either be completed or very near completion.
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More likely:
Accumulation and making everyone max bearish. Accumulate :)
Accumulation and making everyone max bearish. Accumulate :)