A follower pm me and asked about my opinion on this stock.
My last post was here
Currently, there is much selling on this stock as you can see from the past 4 days of red candles , ie selling.
My conjecture is it should find some support at the 200 price level for a while before it decides to continue the bullish trend or falls some more ,likely to 188.20. I would be keen to accumulate on this price if it does fall to that level.
So, yes, I would not be buying more at this juncture but awaits for it to drop to a more attractive pricing before going in again.
And you are right, wait and wait some more......
My last post was here
Currently, there is much selling on this stock as you can see from the past 4 days of red candles , ie selling.
My conjecture is it should find some support at the 200 price level for a while before it decides to continue the bullish trend or falls some more ,likely to 188.20. I would be keen to accumulate on this price if it does fall to that level.
So, yes, I would not be buying more at this juncture but awaits for it to drop to a more attractive pricing before going in again.
And you are right, wait and wait some more......
Note
Let's see the remaining days of the week will help shore up the prices higher or will the shark continue to dominate the selling scene ?Note
i will wait a while more as selling pressure seems intermittentNote
facing resistance at 200Note
higher chance of it revisiting 151
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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.