RE: BOO animal Share21 May 2022 01:15
Pf-78 -- BOO can be a tricky share to manage on a daily basis. If you hold a 125p share your are 44p down.
Option 1 - Find a price that you are happy to discharge your share at (at a loss), say 83p. At the next trading opportunity try to purchase the share at 81p or lower. You then have 2p off your 44p loss. You may be able to do this twice a day. After 3 weeks you may have evened out. Bear in mind this share is due for a run upwards. You may also BUY too high a SP.
Option 2 - Hold your 125p share until later in the year. Use your 70p shares to trade HI & LOW & recoup your loss.
BOO trading does work. Share chart patterns are all over the place & can look different every day. The good thing about BOO is the peaks & dips which are regular.
Today was a holding afternoon if you missed the 79p. Only the morning was good. Play again Monday.
I came in to BOO when SP was around 250p & was intrigued in to how to retain a holding with a stock that had a vanishing value. The SP is stabilizing, but remains volatile. When 86p is reached 90p will follow, then the smalll step of +100p. JUNE trading update will be a key point.
Take hold of the WILD BOO RODEO - BUY low then think 1.5p before you get thrown off.