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davidhaiyangzou
Feb 23, 2020 4:31 AM

REAL Dip buy plan Long

REAL MATTERS INCTSX

Description

In 300 shares at $14.25
Out 150 at $13.62
Go back in 200 at 50-60% retracement, price $14-14.5
Buy 150 at $16.17 breakout

By the end of March, total holding of 500 shares, and price target is $17-18
Comments
sidnikim01
Wondering how much it can go up around?
davidhaiyangzou
@sidnikim01, It just started. If not in yet, wait for pull back 18-19. or If breakout again effectively. This one is tricky though.
sidnikim01
@davidhaiyangzou, I am a beginner and I put in at 20.40 I was a bit stupid... Could not wait :(
sidnikim01
Wow. You must make a lot of money with this stock!
davidhaiyangzou
@sidnikim01, It's okay, Hold it with Stop loss. Don't go all in one shot.
sidnikim01
@davidhaiyangzou, Thank you buddy. I wanna get it some more when it is at 18-19. Lol
By the way have you already got AC.TO? AC.TO is a hot issue lol
davidhaiyangzou
@sidnikim01, No Problem. Tech company is volatile, do not put all your money here.
AC was good before this whole crisis, I wanted to but no good entry point.
Now it may take some time for this one to come back.
Before you are investing in any stock, you need to ask yourself if it drop 50%, would you still hold. If answer is no, then wait until it shows good up trend momentum.
There is no doubt that AC will be around and may take months if not years to come back, but the question is: can you wait??
If you just want to make a few bucks during the ups and downs, there are a lot of better opportunities out there.
sidnikim01
@davidhaiyangzou, Thank you for the explanation! I will see the right time to put in AC.TO.
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