I think this move is part of a longer term move up however there...

I think this move is part of a longer term move up however there will be some volatility at the bottom on the way up, areas of resistance may see some moves down, however general trend will be up, so holding long is an option, however its always important to mitigate risk when you are uncertain. for instance if it moves in your favour perhaps set aside some gains in the event that it backfires, this will allow you to sell at below your average while still maintaining your initial investment. Also a great strategy if faced with a stock that you make 100% from is just sell half, once that happens youve taken out your initial iinvestment so you really have just obtained the remaining stock for free, whatever moves it makes from there is all profit even if it moves down.