Still looking to get shares under 3...may be a while longer...but here it is under 4...
Is that a one day spike down, a breakdown, a downtrend in an uptrend, a reset in certain indicators like RSI and MACD or what? What is the likelihood for a reversal or bounce? What is the likelihood it continues lower?
I obviously know nothing and will let the brilliant posters on this board explain it to you...
Still haven't got a single share but I like it down here a lot more than I did up there. Closer it gets to three the more I like it...if/when it does go under 3, I'd be a buyer. The name of this game is buy low sell high not buy bottom sell top...some people like buying high and selling higher but I'm too chicken for that most of the time and most times I try it I get burned...and end being a bag holder.
So I've learned not to buy high...you sell highs not lows.
It takes patience to buy low...lots of people sell low because they can't wait for them to pop back up and those same people almost never average down.
Currently, I am holding two doggies that are very red, I'd say I qualify for bag holder at the moment so certainly I don't always get the timing right...but more often than not...
GLTYA
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