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Eklavya

408 Posts.

16

14/04/17

19:20

Post #: 24078489
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Originally posted by Orwell ↑

2 second look at Capilano: It's in a strong downtrend that has further to run. There will be bounces up along the way of course, perhaps one here, but I'd need to do some work to figure out any potential swings properly.

This is not a long trade.

I don't know anything about the fundamentals.

If you want to take an investment position based on FA then you'd still want to see a lot of proving, basing work first. I wouldn't jump in on the first uptick but let it prove it can hold any upturn first.

That said, I simply wouldn't go long in this. I might even short any rallies now that you've raise it.

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Agreed, I am keeping it my watch list and won't buy until the trend is broken and uptrend is clear..

XMD Value at posting: 6,024.6
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