GREY:LSDIF - Post by User
Post by
PendleStockon Apr 21, 2023 12:46pm
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Post# 35407502
@Ladybird Why I'm buying In Proximity to a Strong support
@Ladybird Why I'm buying In Proximity to a Strong supportOne reason is that i believe the support level will hold and provide a foundation for the stock price to bounce back up, potentially resulting in profits.
Additionally, buying between $1.08 and $0.80 support level provide me with a margin of safety, as other investors investors as well view the stock as undervalued and feel confident that the support level will prevent the stock from falling further.
I'm optimistic this will turn to be more than a 5X investment as their deal with High times will result in good revenue