Marchelo...
Agree with your thoughts.
I have previously posted, that in your typical turn-around story, the best strategy is often to buy when it's quite and try not to over trade it...and of course, to top up towards the end of every consolidation level.
That's not to say you shouldn't trade the obvious spikes or troughs...but generally speaking, it's a good idea not to try to be too clever with such stories.
I have been lucky enough to trade in and out a few times over the last few weeks...TOX (70% success) and TOXO (100% success)...and as a result, now have more shares from the same initial outlay.
As the TOX shareprice moves higher however...and the leverage from the one and two point moves diminishes...I will limit my trading mainly to macro moves.
In my opinion, we are seeing very similar trading patterns in TOX now, as we did in the early days of NDO's turnaround story.
Cheers!
Marchelo...Agree with your thoughts.I have previously posted,...
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