RE:RE:RE:RE:RE:RE:RE:RelaxIn my experience, one is less likely to make money by chasing a stock that is running. Emotions get in the way and one will often over pay and become a bag holder for a long time. In some cases, forever.
Better to buy when the stock has levelled off or appears to be bottoming. Having said that, even if this is not the absolute bottom, buying at these levels will most certainly produce a profit for investors within the next year. The only reason that would not be the case is a crop disaster or failure.
One can wait a little longer to grab more shares and increase profitability. Eventually the risk of waiting could lead to that investor chasing and over paying espeially for a volatile stock like this.
xelanitram wrote: Slow, rolling turn to positive wouldn't require a flush. I like to flip the chart up-side-down and think of how it might go if this were a high - can often roll over on low volume. Obviously, I didnt anticipate it going this far, though, so could be wrong again. Only things I know for certain are that I dont have a requirement for cash any time soon, and that it satisfies (and had perpetually satisfied, for some time) my "would I buy now" test for holding. I think - most likely, but not necessarily of course - by some time in 2020, this will look like a mere past blip that looks relatively small on a chart that's auto-scaled to a new range