simple answer:
always have a stop loss.
how to set your stop loss depends on your level of risk.
low level:10%
Medium:25%
high:50%
even at high risk, your stop loss would be in profit currently.
I would (all IMO, DYOR) put it at 90c (i moved it up on recent move), thats where mine sits.
reasoning: The volume of shares traded in the last few days is clearly higher than when it was slowly going down to 90c, meaning a lot of people were willing to buy higher. if it got to 90c, this would be a clear downtrend and I feel I would have the opportunity to buy back in at a lower price if it hit this level.
Ofcourse, selling this stock always risks missing the reserve upgrade ;)
simple answer:always have a stop loss.how to set your stop loss...
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