Thursday, May 17, 2018 9:11:29 PM
Ya see, when a stock is in overbought territory, news will start to have less effect because traders are afraid to pounce at overstretched levels... but on the flip-side, when a GOOD stock has pulled back greatly, while being consumed with (short term) negatives/fear, it can be a very profitable opportunity once the tension has been released.
Be ready, cause if one waits too long, sellers will peel off the Ask and the Bid will chase it up quick, just like previous runs. This float is getting tight and it is unsavvy to underestimate the type/size news thats coming... and there will be no more restrictions on people buying it this time.
My messages contain many opinions. Please do your own research
and validation.
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