I will be buying more shares tomorrow. It will be just rounding it up and then DCA if/when it touches the green lines (POC lines) under the white line ( My average cost)
I expect it to go up from here for a couple of weeks. This may take a year to play out to reach these two red lines. One is a POC line within the golden range using Fibonnaci and second is simply another area I will DCA out if I still have shares left and judge that it can keep going up.
Expected profit from doing this trade after a year from aug 3 is near 25% + dividend of 5-6%. Total expected reward after a year, 30% from current average price.
Max time horizon to reach ATH if green lines are reached: 5 years. But it can happen sooner. This is worth holding onto for that time period. Especially for long term investor who enjoys 5-6% dividends.
Happy trading and investing.
I expect it to go up from here for a couple of weeks. This may take a year to play out to reach these two red lines. One is a POC line within the golden range using Fibonnaci and second is simply another area I will DCA out if I still have shares left and judge that it can keep going up.
Expected profit from doing this trade after a year from aug 3 is near 25% + dividend of 5-6%. Total expected reward after a year, 30% from current average price.
Max time horizon to reach ATH if green lines are reached: 5 years. But it can happen sooner. This is worth holding onto for that time period. Especially for long term investor who enjoys 5-6% dividends.
Happy trading and investing.