3 attempts so far to break that high and so far, none were successful. This could change cos everything does.
.I do know folks will ride a high. But not forever.
For those who are looking to invest longer term, this may not be the one for you.
The party will end.
Securities even above the .382 fib level, much less the .236 fib level, would be risky to me if I were looking longer term. This one is above the .236.
When panic sets in, buyers become sellers.
Just an opinion and everyone has one.
I use the Covid low to do my Fib levels. You may not. That is the bad thing about fib levels as we can often see different starting points for the fib table.
You know this just chart just looks risky! I do not think anyone would argue that but I am not saying it will not make a new high. It might. Just be careful is all.
It may Not just be that the economy is eating Rock Soup. The fast and furious rush that ensued after the Covid bottom could be contributing to the demise of this market.
No recommendation.
When someone's wallet is cramping, they do not give a flying F about solar, utilities or healthcare. They will sell. They only need to be pushed to the limit, then they will let go.
The final score does not always tell the story of the game.
.I do know folks will ride a high. But not forever.
For those who are looking to invest longer term, this may not be the one for you.
The party will end.
Securities even above the .382 fib level, much less the .236 fib level, would be risky to me if I were looking longer term. This one is above the .236.
When panic sets in, buyers become sellers.
Just an opinion and everyone has one.
I use the Covid low to do my Fib levels. You may not. That is the bad thing about fib levels as we can often see different starting points for the fib table.
You know this just chart just looks risky! I do not think anyone would argue that but I am not saying it will not make a new high. It might. Just be careful is all.
It may Not just be that the economy is eating Rock Soup. The fast and furious rush that ensued after the Covid bottom could be contributing to the demise of this market.
No recommendation.
When someone's wallet is cramping, they do not give a flying F about solar, utilities or healthcare. They will sell. They only need to be pushed to the limit, then they will let go.
The final score does not always tell the story of the game.
Like the next thing on my To Do list is to buy solar panels from China?