RE: MTC14 Oct 2020 19:11
It's funny this investing game. I was thinking yesterdat that 15p would hit resistance and that like last week, we would drop today. So maybe I should sell at 14.4p while about 20% up as that seems to be what traders do. I guess you at least know you have made a fair profit. But then, when I have tried this before, and get back in again, you either get caught on another rise or don't know when to.
My guess is ( subject to normal markets..) that 12p is the support and could hit that before trying to make 15p the new "high" support. I honestly do think this one will go onto 20p and felt it's best to hold rather than trying to buy and sell. A few weeks in a share isn't investing is it but long term - keeping an eye on markets generally of course.
I'm onto a couple of gold shares long term for sure, as believe gold will go onto $3,000 next year. All thoughts on strategies welcomed! Look at shares like GGR, SNG, EUA and many others and NCYT, all of which I have been involved with and didn’t stay long term…... Mind, I know this one is a different sector, not as glamorous and has already made good increases from the year low already ( after administration though) But lots more to come I am convinced
BTW, I think probably another drop tomorrow before a rise!
That's me done, back to work.....