NNDM on a bounce here and this is quite a hype stock the bulls getting very excited yet again.
And of course this could actually be the bottom - but I no interest in buying here and here's why:
"Waterfall charts" as I now call them come with incredible momentum. So much that there is nothing worthwhile in standing in the way and declaring "great fundamentals."
Because even if you're right and you have somehow managed to nail the bottom and there is a big rally - it will still come back to at least 0.618 and probably more retracement because that short momentum will continue - the sell pressure will return.
But chances are you wont nail the bottom and your position will sink.
I'll let the heroes try to board the titanic and if it stays afloat thats fine I can get on board WITH not AGAINST the trend.
Not advice.
And of course this could actually be the bottom - but I no interest in buying here and here's why:
"Waterfall charts" as I now call them come with incredible momentum. So much that there is nothing worthwhile in standing in the way and declaring "great fundamentals."
Because even if you're right and you have somehow managed to nail the bottom and there is a big rally - it will still come back to at least 0.618 and probably more retracement because that short momentum will continue - the sell pressure will return.
But chances are you wont nail the bottom and your position will sink.
I'll let the heroes try to board the titanic and if it stays afloat thats fine I can get on board WITH not AGAINST the trend.
Not advice.
註釋
Just another continuation wave - heading lower soon.註釋
Daily RSI topped exactly where I said it would. 註釋
And it just keeps going down. Currently down 25 %. Was down 47% at the low.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。