Hi NervousPunter, if you bought your shares at 40 cents and your...

Hi NervousPunter, if you bought your shares at 40 cents and your holding on until it goes higher to make money, your blind long.

But what if you realised that there is a support and resistance band??

If it drops to 18c and people buy up to 20 cents and then it drifts to 18c then up to 20c. And it continually does this, support at 18c, resistance at 20c.

Well you could sell your shares at 20c and take a big capital loss, then buy the same number of shares at 18c, then sell them at 20c, that's a bit over 10% gain, but you have a capital loss to write off the capital gain. This is how you can trade what's happening.

Now of course the trick is to not get such a big capital loss in the first place and to also own them when the rocket takes off....

At the end of the day I'm a tradesman and this is definitely not financial advice. DYOR etc etc