I don't want to make mistake of buying at higher price and selling at lower price. I started trading in January and bought BLY at .22 and bought more at .29 on 7th January. Then the price dropped and I didn't sell it for next 4 months. I bought more at .14 and .17. In March and April, when most of the shares prices increased, BLY SP didn't rise and I got impatient and frustrated and sold most of my BLY at loss in early May and the remaining shares at .21(in June) with a fear it will again come back to .14 or .15.
It is a good Trading stock but punish when you try to be emotional or holding for long term. It will be good to hold for long term in the future when things get better.
I bought on Thursday at .22, .25 and .27 but sold 90% of my BLY on Friday at .27 (when it lost all it's day gain).
Thanks again for your detailed technical analysis and see how she behaves on next few days.
Shane.
BLY Price at posting:
21.4¢ Sentiment: None Disclosure: Held
