RE: Nice MM Shake29 Apr 2020 10:08
De-rampers out in force here today, trying to make you panic. If you have done your research and believe in the potential and fundamentals of the company, you shouldn't worry about intraday movement, especially after we have recently made a big move.
On Monday we smashed through 50p, without retesting it again. To me this looks like a healthy pullback establishing support, building support levels and momentum for the next leg up. Stocks don't go up in straight lines. Look at GDR, it might be going exponential today, however look back to the 17th of April, gaped up from 56p to 100p, retraced back to 66p, now up at 140p. My point is that stocks have to retrace and build support to develop momentum for the next legs, making now a great buying opportunity in ODX, considering selling my GDR holding today to buy ODX