Hold on tight. It's Roller Coaster season.18 Jan 2021 10:22
Let's keep it civil people.
I've been very Transparent in the past about my Strategy on this. I was Right on my Last Prediction But Wrong on it's bottom. I expected it to go to 3p, but it steadied at 4.5p. I was in at 8p so disappointed I didn't go 'All In' at that price. Watching it climb again and reach my 8p Buy in price, I didn't Top up till it broke this range and put my money down on the 4h pullback at 9.5p.
I figured it had seen enough of the low prices and it was ready to attempt a new break out and retry 16p, then on to 20p......
Too early again. Sick this morning to see a 20% Drop. Although I have stated a Long Play on this, I'm still a Day Trader. I hesitated on Thursday to Sell at the 10p range bagging a very decent 20%. So to watch that fail back to 8p has put me off my breafast.
Anyway. The Wolrd Economic Forum should be making more noise this year. The full sustainable Future Plan should become the Hottest Buzz around the world, but with it Finincail Equlibrium too. I really really don't know what to do next.
As Price Action goes and previous sentiment, I see this once again falling to 6p, or less. I keep Buying the Highs of this Stock and missing the Low's. It's got me all Backwards. Velocys is still my Biggest Wild card in my Portfolio with 1/5th stake of my account size in it.
What to do, what to do!