VIAC
Viacom-CBS - Critical Support Level is NOWWhether you are holding NASDAQ:VIAC because it is a good value now in today's over-priced market or planning to catch a bounce in the stock, (now) is the time to pay attention because the stock appears to be at a critical support level. The next support level below it looks deep on this particular chart.
This is common-sense advice, as I am not a professional investment adviser but a user who has found the TradingView platform and members' posts worthwhile.
VIAC is at trend line supportIf falls below 39.8 it can try to find support first at 36 next 34. Slightly bullish biased after such hard fall and little bit of bounce on Friday from the trend line. Depends on how it opens Monday. Too early to call for directional trade. Now waiting.. Close above 48 would be bullish.
VIAC (long) after great fallFrom March 23rd to 26th, #VIAC fell 52% due to Archegos capital management's margin call. The main battles were for the $ 45 level. This sale has nothing to do with the fundamentals of the company. In case the price exceeds $ 49.5, the sale is over and take a long position. Stop Loss: $ 42
VIAC (NASDAQ) - Be Careful for bearishGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
VIAC (NASDAQ) - Be Careful for bearish
If you do not believe in stop loss look at these charts!When we experience a high volatile market you should always protect your investment with stop loss, because price crash could be so quick that you may not have enough time to think and make decisions..!
IMO: Having tight stop loss and updating it, is a must in the current market situation.
This my last piece of advice for beginners, even pros!