HIVE Blockchain Technologies Ltd (HIVE)

[TheBossTrader]

I have spent many years trading and like you have come up with theories based on experience and past results. It is possible that your hypothesis and others I have read here are true. I also believe this company has a good chance of becoming listed and considered credible.

The problem is the release of shares. I have a lot of trading ideas for many stocks and I would love to follow the companies every move to use that in my decision making. However, I find that T/A tells you everything you need to know.

Staying disciplined to my T/A rules is the hard part. The massive move to $5.25 Friday was unexpected. I should have taken some time out of my work day to check the chart more thoroughly and I would have easily noticed that it was trading well above the top channel. With that I would have unloaded the majority of my position and trailed the remaining "lotto shares" (As I like to call them.).

At this point I haven't made a move and I know for a fact now it is in a downtrend. I don't have much invested in this trade but either way I am down and will have to decide what I want to do next.

The stock needs some positive news to get some buyers interested again. Otherwise I fear we are headed much lower.