Just like ur drunk uncle at a family party.....its drunk....and the situation isn't getting any better...Forming a falling wedge on daily, weekly and monthly.....Either ur drunk uncle will get a hold of himself and become the life of the party once again, or he's gonna mess up everything.....Retailers must be frustrated with this stock, but thats how reversals can be....retailers get frustrated and exit the stock at loss, institutions will buy at lower prices while keeping the price low and once a substantial amount of retailers have exited thats when the move will happen....If you feel that there is potential in the Indian wine industry, buy in small quantities, or average down little by little with every drop....I bout at 500 like a loser but averaged down so much that my cost is around 380, will be buying more and when the pump happens and goes above my original cost of 500, I will exit....till then I'm a HODLER.....
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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.
