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Post trading hours, the company has fallen nearly 20% to reach the current price of 418.85.
I will be waiting patiently for the gap to be closed and see if there is bullish signals before going long.
Tech stocks have gone up a lot, short term traders will be smart to take profits, investors - chill and await good opportunities to accumulate.
Post trading hours, the company has fallen nearly 20% to reach the current price of 418.85.
I will be waiting patiently for the gap to be closed and see if there is bullish signals before going long.
Tech stocks have gone up a lot, short term traders will be smart to take profits, investors - chill and await good opportunities to accumulate.
Note
nobody knows if it will and will it comes back to close the gap at 397.79. That is why timing the market is a risky business, leave it to the pros. If the company is strong fundamentally, accumulate in tranches , that way you will not miss out the rally going upNote
i have learnt that just because there are gaps in the chart, it does not mean that the price action will come and fill it up before it rally again. As you can see from this chart, gap at 397 to 419 is still not fill up. Had you waited for the price to come down before buying, you would surely regret not getting in slightly higher............
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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.