Took $20k on NWC — Warning: Don’t Chase the Rally
I made $20k on NWC and I’m warning you — don’t get burned chasing it now. I took profits as the move looked extended and risky.
If you don’t already hold NWC, avoid buying into the rally; if you’re holding, consider trimming exposure and protect gains with stops or partial sells.
Analysis
The recent run in NWC appears extended and prone to a pullback; momentum may be fading and liquidity could dry up quickly, increasing downside risk for late entrants.
Recommendation
Don't buy now — trim positions if exposed, use stop-losses, and wait for clear consolidation or confirmed support before considering re-entry.
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.