FXR 0.00% 0.2¢ fox resources limited

J_CIf the technicals are saying 'sell' and your strategy depends...

  1. 114 Posts.
    J_C
    If the technicals are saying 'sell' and your strategy depends alot on that then definitely go with your instincts.
    At the end of the day it's your money and if your paper profit is dwindling then its all your call.
    Everyone else has their own strategy and formula they stick to which shouldn't influence your decision in the end.
    Just remember this though, if (and hopefully its more a 'short-term' matter of when) Fox recovers from this slump and rises back to $1.70 & beyond, that's when u should be tough and unemotional and not have the attitude of 'if only I held on for a little while longer', cos' that's when it'll get u down and u begin kicking yourself.
    You don't want to be in this position ..... that's why make the call, give yourself the valid reasons for selling and stick to it.
    Remember once u see a recovery u can always jump back on as Fox is a great story without doubt.
    Best of luck.
 
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