Its been hugely disappointing this consolidation as I suspected when we were on an uptrend on news.
Its hard to determine if its just the usual lack of additional pos news since last, or something else, maybe general AUS $ all time low drop or international bad news.
Whilst I'm not concerned for PYC in particular longer term as for a quality upside stock, IMO only, I'm getting very concerned about the increased China threat to invade Taiwan as to what this does to all stocks and superannuation....except defence stocks maybe...
No safe place to hide bar cash 'I suspect' if the increased threats presented in the media don't subside which I suspect is not anytime soon IMO based on latest NYE threat, COVID & Russia would look like a walk in the park compared to, if anything eventuates....
GLTAH for a positive 2025 for PYC. This stock has had my full support for many years but thinking I need to add some stop loss moving forward on any uptrend now.
PYC Price at posting:
$1.27 Sentiment: Hold Disclosure: Held
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