Buying zone 1 looks immediate to me in the coming weeks so here I will deploy partial capital to invest in this software company. If trend persists and it comes to buying zone 2, I will accumulate more.
If you become greedy and just wait for buying zone 2, it may not come at all. Prices may just turn around from buying zone 1 and shoot up. Then, you will miss an opportunity to buy again.
Please DYODD
If you become greedy and just wait for buying zone 2, it may not come at all. Prices may just turn around from buying zone 1 and shoot up. Then, you will miss an opportunity to buy again.
Please DYODD
Note
we see 834.69 support being tested yesterday, closing the first gap/buying zone 1 as indicated on chart. There could be a rebound from here and that is why after doing your research, you feel this is a good company to invest in, you start to buy in tranches . We never know for sure if the price will revisit 774.91 and when. Timing the lowest price entry is not a good strategy as I had learnt in the past
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.