we’d already had a good run in the lead up, was always a sell the news day I guess and the spike to 50c was a little over cooked. What’s the saying - retail buys the open, pros buy the close?! Well done to those that sold the highs. Very nice trading but just not worth the risk of being caught out for me.
likely no new news for another 2 weeks so things will quiet down, share price will consolidate and bounce around mid 40s until the next update.
Very healthy and will help to keep our heads above 50c next time around
All in all a fantastic end to a few weeks of highly anticipated news flow. Now for the rinse and repeat to begin.
Sustained 50c+ by early May. Until then rest easy
EXR Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
