General comments/chat, page-17769

I don't speak for any LT holders here, as I've only been investing less than a year, therefore my average is closer to the 20c mark. I'm all in on ADN, and I'm certainly not spooked by this current correction even though my profit margin is considerably smaller than any long term holder. Stocks, not even ADN, don't go up in a straight line. Corrections are healthy, as long as the company's fundamentals are still strong. ADN ticks that box.

From a TA perspective:
* The SP has held on the .236 fib retracement with a hammer candle forming after yesterdays session, more encouraging after the strength of closing auction
* Stabilising SP on lower volume also indicates the sellers are starting to get exhausted, with RSI still holding above 50
* SP still hasn't fallen below the long term trend line either
* SP is still well above the 20 day EMA, a common selling trigger point when crossed to the downside

Continuing to hold, and accumulate. Try and look at things like you should when driving a car... you wanna look at what's going on further up the road, not just at the car in front of you