Volume is so far moving in accordance with a classic triple bottom formation:
Remember:
- Like double bottoms, selling volume should trend downward as the pattern forms. - The longer the pattern takes to form the stronger the pattern tends to be. - Need a good downtrend preceding the pattern. - A valid breakout will be accompanied by a sudden rise in volume
@The_Gains I’m long term holder. I like Intel but see no reason to worry about where it is tomorrow
The_Gains
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@LongTermHold, you should, because you can continue to dollar cost average by buying more on short term dips. I know someone who turned 900k into 30million in 2 years by buying AAPL leaps every time it dipped between 2019-2021
LongTermHold
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Too much tax headache but yes that is awesome!
The_Gains
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@LongTermHold, not if you assign your options and turn it into shares