I have been waiting for several years, we bought in last week at 1.62.
The market is ripe for a fall, what does this mean? Silver Lake Resources, NST, SAR, BEAR in that order. The alternative is to take profits and move to cash.
Why? This Corronavirus is global growth, it is coming in towards US presidential elections, tensions are building between the EU and US, all reasons for that shock many have been talking about.
Personally I expect this to move towards 2.00 within the next 60 days.
The traps are set and I am now considering where we move to once that price target is hit - do we hold, or move to growth orientated holdings.