Brixton
BBBXF: Any recommendations on what would be a good price to take some off the table and realize some profits?
My average cost is 0.1191 per share.
Didn’t sell during the correction.
Sold very little earlier, very lucky to have sold just prior to the start of the correction 3 months ago. Lucky, because, I don’t believe in timing and I suck at timing!
08/07/2020 15:38:40 Sold BBBXF @ 0.299
08/07/2020 13:49:15 Sold BBBXF @ 0.285
GL
36 cents would be a conservative medium term target if it can break the current downtrend line, IMO. Longer term, it can obviously go much much higher.
Thank you, Sir Nautilus!
Is there a well defined cup and handle pattern on Brixton’s 3 year chart?
Given that it spiked to 0.41 right after I sold (LOL) … any projections from the cup and handle pattern?
I also suck at chartology 🙂
GL
It’s hard to say. If you look at the chart of the canadian listing, it has arguably built out a huge IHS going all the way back to 2011. If the neckline is broken soon, it arguably projects up to $1.80 CAD.
Thank you! I’ll try not to be greedy 😉
Cheers,
GL
Don’t know why after waiting out the correction you would be looking for exit point. Like the chart a lot and see little downside and lots of upside potential. We are just about to get going on the upside.Hold.
Thank you, Sir Chartsmaster! May be I’ll sell some in the high 40 cents or 50+ cents.