I posted this on 7 Dec 22, WDS was trading at $34.18 Its Over,...

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    I posted this on 7 Dec 22, WDS was trading at $34.18
    Its Over, 65196829, page-15766 | HotCopper Forum

    Since then, WDS has declined -21%, and a X-mas tree formation is unfolding.

    1 year view
    WDS Stock Price and Chart — ASX:WDS — TradingView

    Energy Buy and Hold market participants learnt it the hard way not to sell when the opportunity was available. Now WDS has retraced back to the level closely coinciding with when Russia invaded Ukraine back in Feb 2022.

    This is testimony again why Buy and Hold can be counterproductive. Except for dividends.

    We should acknowledge that commodities are cyclical, you sell when the rally starts to end.

    Lithium no different. Gold no different. Ditto rare earths. Ditto Copper.
 
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