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deanburtonuk
Jun 18, 2020 10:29 AM

Bacanora Upside Move?? Long

Description

Purely Speculative
I think there is more upside risk than downside risk looking at recent moves it looks to me like it is at the beginning of an uptrend looking to retest the resistance level again hopefully it will break through if momentum builds on the way up.

What do you think??? let me know

Comment

My inpatients is getting the better of me I'm considering reducing my position and using the money elsewhere, still holding a substantial position.

Trade closed manually

Decided to sell I will continue to check this stock to see if I made my usual mistake of cashing out too soon. Still a small profit is better than no profit, I just think I can utilize the cash better elsewhere.
The chart price action doesn't look great and the macd is indicating to me a potential move further to the downside.
What do you think???
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