Yeti— Creating the low base of channel
Creating the low base of channel....Hanging around the low since the coronavirus news still making headlines let’s see next week if it pushes upward as it should if it’s following the channel. It has (followed like most) stocks gone down 5% or more in some cases.....
This creates a nice BUYING opportunity....creating a bit of an oversold position if there such a thing on the RSI VIEW. IMO.
BUY when people are fearful.
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Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
This creates a nice BUYING opportunity....creating a bit of an oversold position if there such a thing on the RSI VIEW. IMO.
BUY when people are fearful.
___________________________________
Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
Disclaimer
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