But so far has failed to gain momentum.... Still, I am starting to slowly accumulate this beaten down name... Its still in the downward channel, but it could be showing some signs of life again. If it can start to move into and stay in the upward channel I'll take a larger position. The fundamental side is interesting in that they offer insurance to a new younger type of client and are challenging norms in InsurTech.
Nota
Lower volumes and a meandering price, still has not formed a bottom, and I entered this trade just a bit early. I am glad I was patient and didnt buy when it was around $22, that would have been a lot of downside to endure. I have a small position which I would like to add to as this rounds up and starts to gain some momentum. Until then I'll keep an eye on it.Nota
yuck city. Just ugghhhNota
perhaps $4 might be a better entry for a longer term hold.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.