BoomTime
My quick look has questions on weather you made a good move today.
1. Lon look; I don't see the 3 month up trend, as sharp up, as the 9 month down trend angle. Recovery not as strong as fall.
2. Short look; Yesterday a huge volume spike on small PPs up and today a small volume move on large PPs up.
3. The way you asked the question, showed me, you also are not sure you made the correct decision. The insider buy comment, seems to show me you bought on emotion, with an reason, not a plan!
Tell me your plan, when you bought. And why you felt your plan was attainable.
Hope you don't take this the wrong way. I could have just said, I don't like what I see and I would not have bought.
I want to help you understand the mind set, a trading plan requires. You very well may have made a good play. The reasoning, and the plan, is as important as a successful trade. IMO
Once you learn how to develope a plan for one stock, you will be able to duplicate your trading style over & over, not just once, with questions.
So lets talk over the week end and try to create a mind set that any trade you make, requires no input from someone else. Because you know your plan is a good one.
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