for example , if there’s an announcement on Monday or any day up until you’re ready to pull the trigger, the retrace choice may be taken away from you
I felt pained to buy some more at 0.089 and thought it could retrace back to 0.06 given the CR was only just before. Come the next week we were into the teens and finding a sub 0.15 retrace hard to find.
After the first spike to 0.24, topped up on a whim at 0.165 against the Mr Au tide.
Will 0.29 go back to 0.24 or is it a new base, a new 0.15?
Who knows? If no announcment Monday and it starts retracing , watch carefully and buy some instead of all/ split your risk. Hold on the next day and buy again or not.
Probably a race against time though- if we continue to get good news and build towards a $1, will waiting to buy at 0.24 offset the anxiety of buying north of 0.29? And if it does go up; what then? Is 0.29 the same as Mr Au’s 0.15? If it’s at 0.35 will you hold for a 0.29? What’s the last 6 weeks waiting provided you?
Do something over nothing or everything may be a path to consider
DYOR etc
TSO Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
