KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-5379

  1. 2,791 Posts.
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    I agree it's all about your own conviction and long-term investing isn't about being sensitive to daily fluctuations. But when it goes double what even you expect as a long term believer then it's only logical that the market got ahead of itself, FOMO ect.

    My sentiment is sell because I personally believe it's overvalued at 16.5c. Others might disagree. 16c is the near-term support so if it can hold there it might continue in its upward trajectory. Otherwise it might head a bit lower and I'm sure buying support will come in given its positive momentum recently. But I don't like to overpay - even though i'm not the type to use a MOS.
 
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