:lol::lol::lol:
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There's a psychological definition of the response to having been in a loss situation for a long time but suddenly there's a turnaround, which was exactly what you bought into happening, but then sell the moment the SP is above your holding price. It doesn't have any phallic references though.
Understandable considering carrying a huge loss on a promise of some day making a profit is stressful, which can easily revert a mindset of 'get my capital back' as a priority from 'make me some profit', even though the later was always the investment thesis.
Can't recall what that definition is though, but seen it many times here, many many times.
The investment hypothesis in SKT is really simple, it's still in a turnaround and if it succeeds then there's a few bags here. Signs have been that the turnaround is happening and the share price (market) is realising that.
Make it more complicated if you want, make it emotional at your peril. Just decide, act, and continuously test your convictions, makes investing more simple.
The poor bloke deserves a stiff drink, after all that.
Hey Rusty yes they are TA terms, google Bulkowski, search Bullish Ascending Triangle, read his probabilities, apply his projections. Not too challenging. Just another onramp for technical analysis to consider.
Positive? Oh yes, most certainly positive, not even just because of the TA. It's real.
Reminds me of a dire straits hit ,"Salamis for nothing and the stiffs for free"