RE:Using technical analysis for this one.Happy for you, Coolguy. And there's no need to prove your long-term support of this company. Many of us are sitting on unrealized gains and everyone has their own strategy around portfolio management.
For my money, however, $24 or thereabouts is nowhere near the end of the road for ARX, when you consider everything coming down the pipe in the months ahead. If I ever trim my position, it will be to gradually rebalance into dividend-yielding, blue-chip ETFs as I'm getting closer to that stage of life.
That said, I will probably always retain a partial position in this name as it's future remains very bright indeed. It also represents a prime takeover target for a well-heeled sutor looking for a pure-play Montney powerhouse.
Once again, there's nothing wrong with taking profits and I'm happy you cashed in!
coolfooldumbguy wrote: The top price per share was a few weeks ago,so I seems to me that the best before date was then.Key support for this stock is at the $23 dollar per share point because of it breaks that mark,you shareholders will be free falling. My question for you guys is how do you copy and paste past posts about this stock. My posts from Feb.20,2020 will show you guys how much I liked this stock. I made two comments about how happy a shareholder I was with it,but it was only about $5 per share.My posts are on the history page at page 10 ,in the middle of the page.So why wouldn't a shareholder like me not want to cash out my money.After all, you only make money selling stocks. So,check it out guys, & tell me how to repost old statements,because my computer skills are terrible. Thank you guys and good luck to you.