Just posting here as had been doing regularly over 7 weeks back and a key result came in for which I wanted to play.
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My last post on 25 August, where I mentioned I had exited and gave my reasons. I exited just around 4,a very small loss that time. Before that I had been posting for number of weeks and had been very positive. But something changed and I could sense it. For holders, I was hoping my fears were unwarranted, hence did not post more. But this week after seeing results, sadly it turned out as I was thinking. It touched 2c.
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So what went wrong? I am not a fundamental person.
I follow price action. And I didn't like it. Sometimes, or should I say most times, price action can be a reflection of fundamentals. That's how I see it, others may disagree. This game was lost much earlier and hence I exited.
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But with exploration, things can turn anytime. One good result and you are back. Sadly, this was one of the best set ups. I feel from here it may be an uphill task and slow grind back to the base.
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I will keep following, price and news, and hope that I will be back one day. I wish all holders well and sincerely hope something good happens. All the best.
