Followers | 216 |
Posts | 32534 |
Boards Moderated | 3 |
Alias Born | 09/10/2000 |
Monday, August 23, 2021 5:33:01 PM
You never go broke taking profits...buying 6s and selling 26s was a good strategy here...
Now waiting for them to dip it back under 10...which i incorrectly charted as a floor...it wasn't. They took it under that...will it go all the way back to 6s? Maybe...but anything under 10 should be good. Could be much longer before it pops again...so money you don't need and can afford to lose...anything is possible on the OTC...positive and negative...could lose it all or could pop back into the 30s.
It stayed up over 26 for a few sessions...was thinking it might run more but it didn't...if it did i could have got back in and missed a few %...and since it has crashed back down my profits are booked...and now if i like i can buy a whole lot more than i could originally or just use profits to take another position...profits no principal...
Something is up with this stock and NONE of us know what....could be something real...could be mms making lunch money moving the price around...could be something else...we don't know. Chart said 30's were nose bleed territory and it turned out to be true...next run might see 52 week highs might not get back through 20s...hard to call...
i say it over and over again: the name of this game is buy low, and sell high. NOT buy bottom, sell top.
JMTC
GLTYA
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