RE:The psychology of a sideways trendLOL.
For Bed.v, it really has turned into a psychological game now. I believe the market makers have already accumulated a large amount of shares. But, they want more. So they are wearing out retail investors' patience. This will result in too possible scenarios.
Scenario 1 You can not wait, then you will just find a chance and sell your shares and leave.
Scenario 2. You have waited for a long time, so, once the share prices raises up a little, you will sell and leave.
Some time, when the market makers are so interested in a stock, they will fabricate the buying and selling. They shuffle the money and shares around several different accounts and wash out the weak retailers, till one day, Boon. The share price rockets up.
Usually, the prolonged accumulation phase will result in a huge rally in the share price.
So, how I deal with my shares? I do not look at the share price. I know in one year, it is going to be more than 1.2$. So, I just setup some alarms in my cell phone apps. It will ring when the share price > 0.9$, > 1$, > 1.2$. And I do not have plan to sell anything less than 1$.
But this way, this prolonged accumulation phase would not be a psychological torture.