Buying on Dips Ahead of Expected $93 Move
I want further price declines so I can add a little more position before it climbs to $93.
I'm planning to buy on weakness to lower my average cost rather than chase strength.
Analysis
I expect a short-term pullback and prefer to scale in on weakness to improve my entry price; this assumes the $93 level remains a realistic near-term target and that support holds during the dips.
Recommendation
Buy on weakness in small tranches, define clear buy levels and a stop-loss under key support to manage downside if the decline extends.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.