The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 03/04/2024.
Market Outlook
You may relax since our STAY LONG position is secure. The share price is above the confirmation level, and we still have the scope to let the profits run. The market action does not cast a serious doubt on the wisdom of going long.
Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.0550, and our valid average buying price stands now at 0.0560
Im doing opposite, buying when everyone is selling. Worked well for me this last year. Up average 20% on all my stocks. UK is struggling really, need to be real picky and stick to a strategy. This is only 5% of my portfolio, and will never sell, as potential for this is worth the risk. Money moves from the impatient to the patient if you hold your nerve.
Profit takers have taken it already. Most take it before lunch time, when the price goes crazy in the morning. Happy for a steady rise now. This share is undervalued with the potential. The North Sea field hasn’t even been factored in yet.
My colleague bought a 3 bed villa in N. Cyprus for 150k. Lovely, starting to get popular like Cyprus used to be in the early days. Obviously, way cheaper as it’s Turkey centric. Folk from all over Europe starting to settle to settle there. I agree UK done for, the future gov are only going to after retirees with decent money.