A Canadian follower wanted to know more about this counter.
One thing I have realised is the mistakes that some traders/investors made while drawing the trend line. You see, we like to see what we WANT to see. That is, we want it (actually we can't control it) to revisit the support at 3.34 and do a rebound.
That is an IF not a MUST as far as the market is concerned. A few scenarios can happen here.
1. It does revisit this level, hoover a while , give you a bullish signal , got you excited and then plunge to the 2nd support at 2.26. You don't like it ? I know .....but it is still possible.
2. It goes as what you wanted , Halleujah.......
3. It did not touch the support line at 3.34 and rebound thus you waited and missed the opportunity. Look at the recent tech stocks like FB and you will understand what I meant.
Now, the media is talking about vaccine at phase 3 level and many are predicting how soon it will be make available. And I wonder will the online education model still be a strong appeal since many will not be WFH? There must be a competitive advantage ,eg. school fees. If going to school on site costs more to attend and get the same certificate, why not spend less and do it at home ?
Or are there specialised courses that are only available online but not at school ? Something like that.....
Please do your own due diligence as well.
One thing I have realised is the mistakes that some traders/investors made while drawing the trend line. You see, we like to see what we WANT to see. That is, we want it (actually we can't control it) to revisit the support at 3.34 and do a rebound.
That is an IF not a MUST as far as the market is concerned. A few scenarios can happen here.
1. It does revisit this level, hoover a while , give you a bullish signal , got you excited and then plunge to the 2nd support at 2.26. You don't like it ? I know .....but it is still possible.
2. It goes as what you wanted , Halleujah.......
3. It did not touch the support line at 3.34 and rebound thus you waited and missed the opportunity. Look at the recent tech stocks like FB and you will understand what I meant.
Now, the media is talking about vaccine at phase 3 level and many are predicting how soon it will be make available. And I wonder will the online education model still be a strong appeal since many will not be WFH? There must be a competitive advantage ,eg. school fees. If going to school on site costs more to attend and get the same certificate, why not spend less and do it at home ?
Or are there specialised courses that are only available online but not at school ? Something like that.....
Please do your own due diligence as well.
Comment:
Hmmm, seems like selling has eased. Might take a small position tonight
Comment:
Praise Lord