Q: For someone who has held some BLDP shares for a long time... the stock has recently been rising rapidly, up more than 100% in the last 6 months. I know it has never made a profit, and I am guessing this recent strength is riding on the AI sentiment for power generation. I would like to ride this momentum and sell at the top - which is of course nearly impossible, I know. Normally I make buy/sell decisions based on fundamentals, and try to time things using technical analysis.
Can you explain what is behind the sudden strength, and how long you expect it to last? What would be your exit timing strategy to maximize profit here? Technical charts like MACD, or something else?
Thanks as always for your wise insights!
Can you explain what is behind the sudden strength, and how long you expect it to last? What would be your exit timing strategy to maximize profit here? Technical charts like MACD, or something else?
Thanks as always for your wise insights!
5i Research Answer:
The best strategy is to maintain a desired weighting and sell into strength. This reduces...