I am waiting for price to drop to the 3.5 region to acquire positions. I think we can be heading to the 50s, which is a very good r/r proposition, even if the investment is a writeoff - IMHO
after watching all previous rebuy levels being reached within a short time i have now set buy stop at 7 which was the last rebuy level of this wave 4 downwards.
Expecting little to no big price action during the month of may.
This is another one of my longterm investments with soft targets around 20
BYD the Chinese Tesla is currently on a retracement trail. I am placing 3 buy limits as usual.
for a starter position i will place a buy for a quarter position @8,79 later half a position @8,25 and a 1,25 position @7,72