TradingView
klos
Feb 3, 2020 11:17 AM

Retest of MA 200 after golden cross MA 50/200 Long

KGHMGPW

Description

I put half of my desired position in play based on the current situation.
If this level will not hold, I am ready to increase my position around 85.
Depending on the situation it may become a long-term thing or just a swing trade up to around 110.

Trade active

So far so good. A strong bounce from MA 200. It forms a higher low confirming continuation of the uptrend.
Comments
Simon_says
Are you alive? Still, holding long positions?
klos
@Simon_says, yes – this was a bad one, but I had a plan that since it's a good long-term investment and they pay dividents, I haven't set S/L. I'll keep it, and I will buy more next month.
Simon_says
@klos, You must be crazy man! KGHM is a governmental company, politicians will soon cancel dividends payouts, good luck!
klos
@Simon_says, Thanks. And you can this investment thesis. It's ok.
klos
*can have
More