One thing good in buying New highs, it is the line of least resistance, only few get stuck, only the latest entrants who needs some green behind but was stuck a few handles due to margin callers and profit takers. So, if you study the chart, a black candle appears almost every third day.so the tatsuki debate. Just do not forget your stop, always plan your trade, and trade your plan.
3 comments:
Boss Trace, given the weak market sentiment and two day decline of BEL,is the uptrend still in-tact?de
who knows??? Uptrend still intact, but general market sentiment looks weak. I have reduced my position from my pyramid, 50% balance, although 50% of my portfolio is BEL. others are NIKL and LOTO.
BEL is my core stock and NIKL is my 2nd. We'll, lets just let the ticker do the unravelling. I hope to see your "Holy Cow!" on BEL's thread next week. = )
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