Proving to be an empty suit this Flo. "A much stronger store opening pipeline" which should be ready for the Reeves recession. Meanwhile digital doing nothing much.
Just opened a position. Now at March 2020 covid low and 2018 support it seems? Assuming pet food, toys and meds aren't really discretionary spending, oil crisis or not.
I'm more inclined to use charts and technicals, each to their own I guess. Hence I'd largely dropped out when 722 blew and was confirmed. It's not ever been a buy and hold for me here.
I disagree. It's totally fine not to try to catch a bottom, I'd buy when the rising trend is established and miss some of the gains for less trade risk.
Only a small pos here since 700, but I'd be inclined to reduce position size to preserve capital for an upturn, not necessarily sell everything. It's being shorted and obv we aren't privy to their target.