BIT 3.85% 5.4¢ biotron limited

Hey FootmaxIm possibly the worst chartist here. But, doesn't...

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    Hey Footmax

    Im possibly the worst chartist here. But, doesn't this tell the story? Money in on iterative success, money out on reduced momentum, bounded by recency of price range ? More hanging around than leaving?

    This could go on for a while, some care, some dont

    Risk of being in (ceteris paribas)- delay, negative outcome, opp cost
    Risk of being out (ceteris paribas) - announcement, take over, miss jump etc. "Coming weeks"



    https://hotcopper.com.au/data/attachments/6102/6102932-07e606c6ab021664a448c898b7bfc832.jpg

    Personally, I think to myself, why not have comfortable base exposure and watch for jump ? Top up on confirmation?

    Risk of 100% loss could be less than risk of T/O at whatever 'overhyped' figure is right?

    imo

    DYOR
    Last edited by Pseudoname1: 15/04/24
 
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