Buy the Dip until proven otherwise in Bull trends!
Correction probably due to profit taking/ selling in anticipation of Dec 14 Snow Lock up Expiry
Elliot wave theory suggests another wave 5 to come, with wave 4 correction.
Descending wedge on correction - higher probability of upside move
I have bought early at 377, a bit early in hind sight, But If you see my previous posts I sold the local top area on 8 Dec so I am actually re buying more shares by selling high and buying more lower.
Buying more at current levels on Monday open.
These are opportunities to make money.
Buy during fear and the rewards are greater than buying in areas without fear.
SNOW TO 500!!
Correction probably due to profit taking/ selling in anticipation of Dec 14 Snow Lock up Expiry
Elliot wave theory suggests another wave 5 to come, with wave 4 correction.
Descending wedge on correction - higher probability of upside move
I have bought early at 377, a bit early in hind sight, But If you see my previous posts I sold the local top area on 8 Dec so I am actually re buying more shares by selling high and buying more lower.
Buying more at current levels on Monday open.
These are opportunities to make money.
Buy during fear and the rewards are greater than buying in areas without fear.
SNOW TO 500!!
Note
Since Snow has fallen much lower than most peoples' anticipation, the road to 500 is delayed. Prices would have had to hold 350 to maintain support above trendline, which if it did would have catapulted the stock higher before End of year.
Disclaimer
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.
Disclaimer
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.