Q: Hello 5i team,
I bought these 2 stocks roughly 3.5 years back. Vale was bought at $13 and slx was bought at $49. Both are picking up momentum and my question is whether I should get out when they approach my entry price and go with something else. slx is currently at $45 and vale at $12. I am more reluctant to part with slx since it covers the steel space but vale has a huge depth.
Or should I stay in and see how much they can appreciate?
Thanks,
Andrew
I bought these 2 stocks roughly 3.5 years back. Vale was bought at $13 and slx was bought at $49. Both are picking up momentum and my question is whether I should get out when they approach my entry price and go with something else. slx is currently at $45 and vale at $12. I am more reluctant to part with slx since it covers the steel space but vale has a huge depth.
Or should I stay in and see how much they can appreciate?
Thanks,
Andrew
