All good and sensible comments. Personally I had whittled down exposure quite a bit about a fortnight ago so only sold my last core holding in entirety today. The down trend is starting to slow. That said, it still has a bit of momentum behind it.
The fall, rise and fall of HGO and the wider market today is typical of day trader tactics (don't hold overnight at all costs). I expect they will be loving the current volatility.
Personally I will wait for the ADX to turn down before I reenter with a long position on this one. At present this is a traders domain and I will treat accordingly.
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