Absolutely true, but regardless, the tea leaves will show that change when the pivot is breached. There is plenty of time to get into this stock. While others are continuing to average down, I am waiting in the wings for it to show strength. Strength is strength. A stock goes nowhere without strength behind the move. Whether that strength is caused by fundamentals or technicals does not mean anything to me.
Averaging into FMD - HELP!
- Thread starter Port1385
- Start date
Absolutely true, but regardless, the tea leaves will show that change when the pivot is breached. There is plenty of time to get into this stock. While others are continuing to average down, I am waiting in the wings for it to show strength. Strength is strength. A stock goes nowhere without strength behind the move. Whether that strength is caused by fundamentals or technicals does not mean anything to me.
what is your averaging price? looks the general market is bottomed, so with this retarding stock.
since it dropped so hard, I would suggest when it touhs some kind of moving averaging, kill it and move your money into some kind of strong up trend market or simply put your money into some ETFs
since it dropped so hard, I would suggest when it touhs some kind of moving averaging, kill it and move your money into some kind of strong up trend market or simply put your money into some ETFs
How do you determine the last pivot. Do you use stockcharts.com which shows these types of charts?
Sigh! It was a false spike, right.
Quote from pumpanddumper:
Yeah the last 3 runs have all faded in the past week. The one to 5.60, 4.75, and yesterday to 4.14.
It needs a news driven PR to break out or this 10% bounce will fade as well. I'll take a fucking rumor pump driven Buffet infusion.
Big shock on this one again.:eek:
Ready for death spiral financing or a hero white knight.
Cut loss ASAP
stick money into quality stocks or ETFs like EWZ