Wolftrade
2022-06-25

$Posco(PKX)$ This looks so so tempting. Looking back at the last 2 down trends, the one that started in 2011 lasted a good 4 years, while the most recent one which started in Feb 2018 lasted till April 2020 (share price was saved by Covid-19 I would say). We are now 13 months into the current downtrend, but still, not much signal that things will turnaround soon. What's your take on this?

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Comments

  • BurnellStella
    2022-06-26
    BurnellStella
    According to historical experience, the fall did not end so quickly.
  • DonnaMay
    2022-06-26
    DonnaMay
    Be careful not to buy stocks at random now.
  • PandoraHaggai
    2022-06-26
    PandoraHaggai
    Do you own Posco? What's the cost?
  • LouisLowell
    2022-06-26
    LouisLowell
    Thanks for sharing. What you said makes sense.
  • WKB
    2022-06-29
    WKB
    I think so
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