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!!!
