@Sebbster probably not, but we never know with this volatility we’ve been experiencing and this is also just reference entry point, I can enter 75-80€ if I feel like. Like I said before this is low allocation positions so they are not mandatory for me, I’ve time and patience. We will see , I should have press the button before 🤷‍♂️

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jkb92@jkb92

@Sebbster I wouldn't rule that out. You can see the same thing with stocks like $ONDS or $PNG. They've all surged quite a bit over a certain period and are currently struggling to get back toward their all-time highs, or in some cases have even hit their peaks and are correcting significantly. And this is despite the fact that the news flow hasn't actually gotten any worse than it was during the hype. I could easily imagine that we’ll at least see $70 again. Of course, it also depends on the overall market.

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jkb92@jkb92

$NU just completed the bottom by breaking out over $13. There is a chance that you will wait forever to enter for 10€.

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edumarbar@emppsb

@jkb92 now is 12€ it’s a good entry point in your opinion? I mean I’ve patience and time this is low allocation positions I want to open and I’m not sad if I don’t. Let me know your opinion

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edumarbar@emppsb

@emppsb maybe I should go in now $IREN and $NU

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jkb92@jkb92

@emppsb maybe wait for a retest of 13$. But 10€ was the bottom I guess.

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edumarbar@emppsb

@jkb92 I don’t think $IREN is going any lower than this also

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jkb92@jkb92

@emppsb this I don’t know. $IREN does not have a long term trend that is as predictable as the chart of $NU. I think $IREN is more driven by headlines. But $IREN is close to oversold territory in the daily RSI, so I guess it will bounce anytime soon.

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edumarbar@emppsb

@jkb92 30 rsi 1d chart, yeap I agree with you, iren is a headline machine 😅

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jkb92@jkb92

@di_marcello what’s your take?

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Marcel@di_marcello

@jkb92 I think it is wise to not stray to quickly from your strategy.

@emppsb set a target, and he will not feel bad if he never buys an asset if it doesn't reach it target low. This I would execute for a longer time and then evaluate.

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edumarbar@emppsb

@di_marcello true I agree, but me personally I tend to be more picky with stocks like these. When I buy stocks like Amazon, Google for example 10 euro more or less I buy anyways. I see these like if I have good opportunity I jump in, if not I’m ok. For example last week I clearly miss $PLTR and $RKLB even knowing I had the price target already , don’t ask me why 🤷‍♂️

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jkb92@jkb92

@di_marcello I agree. But if a stock like $NU has a long term uptrend that is more predictable than others than chart gives you probabilities. Of course they are not always right but often. And based on that there is a chance that Nu will never be 10€ again. If you don’t care about the stock in particular than setting such a target is okay. If you really want to buy an asset (which is maybe not wise because there are plenty of good opportunities out there), then I’d buy Nu now or after a small pullback. Because long term is doesn’t matter if you bought it for 11€ or 10€. Now or after a small pullback is a good anti cyclical chance to pick up the stock. Let’s meet here in a few months again to see whether I was right:)

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