Did not notice that bearish weekly close that week. Pretty nasty candle. I am not advising a short here since we are $30 off the highs already. However, if you are looking to buy the safest area risk / return wise is $300 but more ideally the $285 area.
Typically when 7-10 stocks lead the entire market its bearish for the future, I am getting concerned we are approaching that point despite the nasdaq looking strong overall.
My strategy isnt about timing the market but buying and selling value/euphoria. Hence the idea above.
Typically when 7-10 stocks lead the entire market its bearish for the future, I am getting concerned we are approaching that point despite the nasdaq looking strong overall.
My strategy isnt about timing the market but buying and selling value/euphoria. Hence the idea above.
Note
Reacting as expected, plan still remains intact. No change.Note
No change, still looking for $290 areaNote
No changeNote
No changeNote
interested in seeing how this week closes. Could invalidate this plan.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.