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ALAOUAL
Aug 2, 2020 3:38 PM

SOFTBANK THis Week ! 

SOFTBANK GROUP CORPTSE

Description

It WIll decline
I advais you to not buy now
the time is for selling
Comments
OfficialKieranTrewick
I don't understand your theory with them being in talks with Nvidia and possibly selling ownership to the chip arm for a whopping 32bn? What motivates your short bias?
ALAOUAL
@B1GFUDG3Y, I do not understand what you mean
Try to explain more!!!!!!!!
ALAOUAL
@B1GFUDG3Y, it is decline or not hahahaha
pipinsight
@B1GFUDG3Y, @ALAOUAL was quite right to sell. Just because a company looks amazing on paper, does not mean traders still want to lose out on a price correction. It just means it will go up "later". With the major price of 7,000 and far away from the trend line, @ALAOUAL was correct to go for a sell. It's a very textbook break as well - break, retouch and carry on down to previous trend line contact. Expect declines down to 5,000, unless you think the reports were so amazing that it won't decline anymore, but I'm in for a sell to 5,000. Ignore the news and trade technical. What you hear in the news has already been priced in, you are merely understand the long term prospects of the company.
ALAOUAL
@pipinsight, exactly, Thanks
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