I am certainly no chartist... but I couldn't help but also notice some similarities in closing prices back earlier days on RAP along a similar timeline vs. what we're now seeing in EMC's closing prices.
Similar uncertainty in the World markets around the same time in RAP as well, and everyone knows what the outcome has been there.
Whether we see EMC drift down to mid teens... I am not so sure about that though, I think buyers might step up pretty aggressively in the high teens and take advantage of the impatience of others. All in all, I don't mind seeing red in the portfolio early days and carry on buying if there's potential multibags waiting at the other end...
All in all I am not concerned and happy to buy more while this supply rolls in.
(RAP)
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(EMC)
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