It's funny how well I took the Alchemia result. I think I'd prepared myself some months back, thought through the consequences, and decided to reduce my position a bit, but to hang in. I was reeling for a day, but haven't sold yet. There was no point, it put in a bottom within minutes of the open. These occasions are no time for a confidence crisis are they? PGC is a nice stock to hold and accumulate I'm finding. I like it's unstable share price, it means that periodically I exit something more volatile on an upswing, and wait for one of PGC's dips to add a few more. The trick certainly is to leave a bid down below anything you'd expect to get hit and wait, like a frog does for a fly, lol.
The daily chart has broken down, a bit. My "before here" comment hasn't held as true as my "little bit of danger" one!
But the volumes down with it, which is good, no desperate sellers - Yet. Weekly;
It's worth having a small (not encouraging to sellers) bid at 32c.
PGC Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
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But the volumes down with it, which is good, no desperate sellers - Yet. Weekly;
It's worth having a small (not encouraging to sellers) bid at 32c.
(20min delay)