RE: Interested in LTHs views...7 Dec 2023 16:01
StummerJones, I too acted on a similar theory as you, having held this stock for a while and observing the uptrend/downtrend pattern below my break even point for the last year really. When it did hit my break-even point ~232 a few days ago I took the opportunity to sell and planned to wait the recess and buy back in within the mid 220s. Similar to you, now sitting here having seemingly misjudged this and missed out on some actual profit (but such is life) but now unsure if it's actually going to continue in a uptrend or return to how it was.
There is all hope that it will skyrocket to 290s etc, but this latest trend definitely doesn't conform to how the stock has behaved in the prior months... Guess like you I will just have to wait and see what happens... but having observed this for some time, this is the biggest uptrend I've experienced and I'm astonished at the share price progression since Tuesday.
Next week could be another story with this stock though. Guess it doesn't lend much help, but you're not the only one :)