Ideanomics Inc (IDEX)

[esb1015]

I have never been a chart guy, but I understand the logic behind them and why people use them. However, for every example you can find that proves the theories you can find just as many that disprove them. I also would rather continue adding to my position than sell out and hope the price goes down more. I am still ahead on this and will add more if/when it gets to your $4 mark which is close to my cost basis. For me, averaging into a position is worth missing the optimum entry point.

I also take into account timeline and tax liability which is something you short timers don't care about. I plan on holding for a while and when I do sell I would rather be in a positon that pays 15% tax rather than 35%