RE: moving up nicely24 Apr 2020 12:39
I bought the day after it spiked on massive volume @ just under 43p. I'm learning to trade and try to read charts etc to determine stop losses/exits etc. Looking at the monthly chart a head & shoulders pattern could be forming and we come down & form the other shoulder around 40p? But also looking at that chartit seemed to have 2 or 3 goes at trying to break 45p and now it has and made a new yearly high that seems to have become support. Based on this, I'll set my (mental) stop loss just below 40p and see what happens. As for an upside and exit I'm not sure, but I might reduce half my holding if it gets near 50p as I've arguable got twice as much stocj as I should have. As I say, very much new to charting and trading as opposed to investing, so happy to be shot down (in a nice way) if what I'm saying is wide of the mark. TIA