AKE 0.00% $9.83 allkem limited

AKE Chart, page-658

  1. 86 Posts.
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    don’t take advice from me I said i would be surprised if dropped below $10.50…

    that being said I hold long 70% of my investment and trade 30%. Been getting it right for a while, but clearly didn’t this week. Annoyed at what could have been, as I seriously considered selling a larger % of my long hold to buy back in due to macro overall global market sentiment. That ship has sailed (missed opportunity), now it is a medium/long term hold.

    I have no doubt, as per previous post, that this is one of the safer holds for the electrification journey we all know is required, but concerned my definition
    of medium/ long hold has changed. I think it could be 6-12 months before we get back to $11.80 plus. Hope I am wrong but preparing myself for worst case scenario.

    Seen over $150k profits disappear in 3 days of trading, which hurts but my strategy over the last 5 years has me still sitting on a tidy profit so on reflection shouldn’t be too disappointed about not changing it (although I still am). Anyone who tells you that there is no emotion in trading is lying.

    good luck all I think the market will be challenging for some time yet!!!








    Last edited by crollajv: 25/01/22
 
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