We always knew a backtest of the breakout at 39c was a possibility - just did not expect it to happen with the large contracts rolling in.
Crucial for 39c to hold, would expect to see a hard rejection and bounce over the next days to confirm this correction as a simple backtest, otherwise 33c could be on the cards. (Still a higher low - 29c, 31c)
Regardless, with my average sitting at 37c, I will continue adding to my already stacked holdings at these levels.
Back into the bottom drawer.
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