From penthouse to outhouse

٨ أغسطس

Beaten down heavily due to a slowdown in consumer travel. But this is a very good long term growth company that has a strong moat and good free cash flow. Not the worst place to open up a position if you’re happy to employ the dollar cost average approach.

I went long at the dip. We were at the VAL and the weekly.

Stop loss just in case it turns bearish, which is always possible given the strong downtrend.

Not financial
Advice!