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Re: billmick11 post# 7853

Wednesday, 03/28/2018 5:37:13 PM

Wednesday, March 28, 2018 5:37:13 PM

Post# of 8426
Hard to tell as it could retest the .283 low. This is why it is so important to let the chart call the buys and sells. That way emotional bias doesn't drain/sink the investment.
I have no idea when it will turnaround, but the chart will call a bottom. Time will only tell if it is solid or not and the chart will indicate that as well. A good lesson in why exits should be identified before entry on every trade whether a $100 stock or pennies.
The axiom to cut losses short and let winners run is still important.
At the moment my charts indicate increasingly oversold, but no bottom signals.
Best wishes
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