Weekly chart
Big drop down..I have been watching this one for a while..and am glad I did not buy it of I would be down big time..
Not sure what happened..if you know, please comment.
The bottom is not always the bottom ): and sometimes I have been a victim of that before
Shows a H&S pattern on the weekly time frame..is at a level of support/neckline..but looks like it will fall some more..Red weekly candle has a long upper wick and no bottom wick..candles always form a bottom wick..eventually
Not a recommendation/just watching and observing
Steering clear of all the rising wedges and parabolic stocks on the market, and there are a lot out there. Maybe time to do bottom fishing or buy very close to rock solid support..but S and R levels were made to be broken ot stuff just be ranging all the time..Eyeballing utilities etc..and dividend stocks that are close to bottom..a safe haven..Gold is surprising me as it is not really breaking out. Looks like silver is..Maybe BTC is the new gold..dunno..
Do not let Mr Market give you the rope to hang yourself with..he is sly (o:
Big drop down..I have been watching this one for a while..and am glad I did not buy it of I would be down big time..
Not sure what happened..if you know, please comment.
The bottom is not always the bottom ): and sometimes I have been a victim of that before
Shows a H&S pattern on the weekly time frame..is at a level of support/neckline..but looks like it will fall some more..Red weekly candle has a long upper wick and no bottom wick..candles always form a bottom wick..eventually
Not a recommendation/just watching and observing
Steering clear of all the rising wedges and parabolic stocks on the market, and there are a lot out there. Maybe time to do bottom fishing or buy very close to rock solid support..but S and R levels were made to be broken ot stuff just be ranging all the time..Eyeballing utilities etc..and dividend stocks that are close to bottom..a safe haven..Gold is surprising me as it is not really breaking out. Looks like silver is..Maybe BTC is the new gold..dunno..
Do not let Mr Market give you the rope to hang yourself with..he is sly (o: