Looks like we've bottomed on BCHG with a strong move down on high volume. Looking for 5x - 6x upside from here.
My entry was at $5.38 and looking for $31.44 as the target of the move. Let's see how it plays out over the coming months. My guess is we hit the target before October.
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Let the bounce commence :)... in profit now.
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Looking to me like the end of Sept/Early-Mid October will be when BCHG really starts moving. Let's see.
I suspect BCHG will move when BCH retraces to the 0.382. It did that once before. I might have my line drawn wrong by the way on this percentage graph.
I'm having a hard time understanding this fund. It is so much more volatile then the BCH it is supposedly based on. I bought in at $12 thinking great deal. Had no idea they would drag it down so low. I'll make money, but could have made so much more.