Day rates/ short term 32days/long term 6months upwards.9 Oct 2021 07:10
Maybe if you are holding a purchase at the moment hold firm . Price range Will fluctuate until there is more news up and down by a penny or just over. Beware of your day traders in and out each day taking a small profit while the price fluctuations are so small. There is reason behind the apparent small ups and downs at the moment. You have to be on the ball to to buy and sell and make money in a 24 hour period or less. The only advantage is that the price in my opinion is very low at the moment and won't reduce by much from now on. Second advantage, know one really knows when the next news will appear, not even the city boys or large institutions know this. But I would say any time in the next 9 days thereafter news will appear again. At that point I would say the large institutions will stop watching and start buying heavy, pushing the price up and beyond most private investors. (Risk price bracket) . DON'T get sucked in on the way up then dumped over the side.joy then heartache. I have been on a lurning curve myself for many years . And yes I have lost money in the past when I was clueless. But now I am doing well, burnt fingers and all that. This is not advice to anyone as everyone's situation is different. But I do hold cbx shares with a lower average than they trade for at the moment. That's good news for me. But I did try another purchase yesterday, but alas price range was not in my favour so I walked away. I have learnt to do that, not to be sucked in and remember every pound I make, someone somewhere has lost it. Good weekend all.