lots of potential however the question I is how do you manage your risk going long into a downtrend? Really if you go long into a downtrend you're hoping the downtrend will suddenly stop. it's like standing in the middle of train tracks hoping the bear express doesn't run over you.
wouldn't it make more sense to at least look for a bottoming pattern and then go long? at least you tip the odds slightly in your favour.
it's your money and I'm sure you've done your homework but I'm waiting for a bottoming pattern or some sort of reversal signal before buying again.
CHM Price at posting:
6.9¢ Sentiment: None Disclosure: Held
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