I have initiated a new position in BX since the mid-September pullback. I added shares slowly as the price fell. My cost basis is now at market value.
I slowed my buy rate after it "bottomed" around $110.
It seems that the trade volume has declined on the slow up move since the bottom. I'd like to add another 100 shares but am concerned with the low trade volumes.
After a good-sized drop I would have expected a stronger uptrend.
Thoughts?
(I realize that I am a dirty market timer, apologies in advance).
I slowed my buy rate after it "bottomed" around $110.
It seems that the trade volume has declined on the slow up move since the bottom. I'd like to add another 100 shares but am concerned with the low trade volumes.
After a good-sized drop I would have expected a stronger uptrend.
Thoughts?
(I realize that I am a dirty market timer, apologies in advance).