InvestorsHub Logo

sahd3g

01/13/22 10:35 AM

#10452 RE: Justanotherdisaster #10451

That is wise enough. Perhaps I'll sell you some shares then. I will want to diversify and reduce risk later.

Foolishly swinging for the fence at this time. Fingers crossed, much patience needed.

You could have bought a few when the RSI was at or close to 30 and already sold enough to have a load of "free" stock as "profit". RSI probably hit 70 yesterday when the .05 trades went thru.

If this rally proves sustainable. An RSI of 90ish is possible and would be a point where I would ramp up swing trading/diversify and move to cash.

A buddy has a very solid business that will go public at some point, hopefully this is the year. I'll want to have cash for that event too.