Hey Ric, It's best too grasp the fact that a retracement (not a reversal) doesn't signify a change in the larger trend and is needed after any good run. Selling out now is cutting yourself short on great amount of profit especially with what's happening behind the scenes (I.e. Razer & Singtel). No fundamentals have changed, so selling because of profit taking and fearful shareholders leaving isn't a good strategy if you're looking for multiple bags. For many holders this a great opportunity to be buying and is what I'm doing. Reasons why I'm confident why this is just a small pullback before a massive run rather than a reversal: 1. profit taking is from retail investors 2. Little to no reversal chart patterns 3. No change in fundamentals 4. Occurred after an 100% increase in SP 5. indecisive candlesticks Im very bullish on what's to come and happy to continue topping up good luck
ESH Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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