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Tuesday, June 20, 2017 4:01:34 PM
Im not that smart, but i will say stocks are comparable to an objects in motion. An object in motion tends to stay in motion until an equal or greater force comes along.
I study trends and reversals and ill give you a hint of when I would get back in. Open up a chart 10 day or 1 month. draw a trend line ontop of all the peaks in the current downtrend, with this you will be able to see where its headed, once price breaks above the trend line that is your 1st key to a reversal, holding support is your second and to finally nail the reversal there should be a higher high. buy the first pull back of a higher high if you think youve landed it. But thats IF you believe in technical analysis, most people think thats all hogwash. I make a living from hogwash ;) hope this helps.
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