ENV 26.7% 1.1¢ enova mining limited

''Lol never said any such thing:,The bottom of a 40-70% retrace...

  1. 996 Posts.
    lightbulb Created with Sketch. 205
    ''Lol never said any such thing:,The bottom of a 40-70% retrace is obviously the place to enter for many bags''


    Ahhhhhhh, I see...... So buy at the very bottom then, hmmmmmm, okay. Makes sense !!

    So where is the bottom for ENVeek.png??? (Confused face)

    Was the bottom at 3c???



    https://hotcopper.com.au/data/attachments/6076/6076743-8b60b507ef0f5ca2a3df727543cbbd63.jpg


    Was the bottom at 3.9c ???

    https://hotcopper.com.au/data/attachments/6076/6076748-787a61568634f2db399bce5bf5ee2e08.jpg

    Or was the bottom at 4.1c ???

    I'm confused !!! eek.pngeek.pngeek.png


    https://hotcopper.com.au/data/attachments/6076/6076751-4468e56ff4330798d7d278ff784ecbb4.jpg


    Now, do you want the good news or the bad news ?



    https://hotcopper.com.au/data/attachments/6076/6076755-6161cfd8926e07f7800ac52e41c26799.jpg


    The bad news is, you bought at 4.4c and you're at a 50% loss.....

    The good news is, you're getting close now to your 70% loss, so you can potentially make 3-4 bags from there (IF
    your theory is correct.

    So, you just have to wait till the SP gets to 1.3c and then whoooska ! you might get your 10% loss return smile.png
 
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