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My technical analysis and gutfeel tells me a BREAK-OUT is imminent or just around the corner.
Time waits for no man.
Here are my two cents worth of suggestion in Italics :-
If we are paralysed by wars or other conflicts that are happening in the world and we choose not to invest, then we will never be able to reap the benefits of getting in as early birds.You can either collect low early or chase high.
If you chase to buy at a premium valuation,the risk at premium valuation is always greater.
Or we can apply the following principles when it comes to trading shares:
1. We nibble when the price is high (buy small)
2. We bite when the price corrects (collect moderately)
3. We gobble when the price is attractive (accumulate heavily)
When the risk is high, buy safely in smaller tranches. When the price comes down but has a potential to go up further, buy bigger tranches. When the price comes down tremendously or is on the verge of an uptrend, buy aggressively, hold and wait to reap the fruits. Never contra.
Remember, fortunes favour not only the bold but the WISE too.