Update: very nice reversal today. Doubled my position, stop loss set in profit. Will update if and when I sell. Gl
KML6
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Final day of buying got the fill I wanted at $41. Looks like my $40 held strong...
SuhaibM
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What is your price target?
SuhaibM
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Hey. I bought 2 weeks ago and the stock just tanked hard. I think it is going to hit bottom again.
SuhaibM
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@SuhaibM, Don't make the same mistake I did. This stock is done.
KML6
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@SuhaibM, If you are a bitcoin trader, MX should look good to you Williams, rsi, elliot wave.
SuhaibM
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@KML6, My fear is that MX usually have a terrible earnings report. With the terrible earnings history, I don't think this may go back up.
From a technical perspective, the methanex did not hold the support at $49. There might be a small bounce back but looking at the history of this stock, this one will just keep going down.