Price is back at support level after having falling a lot since its all time high! I am opening a long position on Monday! If price obliges and give me a quick 10% + profit over the next few weeks I will take it ! Markets are very tricky at the moment and I will not stick around to long! If I am wrong, I will be happy to add more at a lower level for a longer term...
Price is coming back to test the lower boundary of the up trending channel ! I will wait for a few trading days to watch the price action ! Should the support hold over the next week, I would probably consider a buy! If it fails I will stand aside and look for other opportunities ! Just my opinion :)
So far the price has held at support (long tern uptrend line)! I will watch over the next few weeks if it can hold or not ! As I believe that the major indexes will keep falling over the next few months, I think price will break lower!! Just watching and not buying yet ! Just my opinion :)
Price dropped sharply yesterday ! Might probably go a bit lower to touch the long term up trend line! I will wait to see IF and What happen at that level ! It might represent a good buy for long term investors (3-5 years horizon) Just my opinion :)
Price is in a down trending channel and will most probably keep going all the way down to the long term up trending line over the next few months! Along the way should come come some fast and powerful rallies but would be consider only bear market rally until we can clearly break above the down channel! Just my opinion :)
Price is in a downtrend channel and just hit the bottom of it! We might see a rebound over the next few days or week but the trend is still down until proven otherwise! Short term traders may consider a buy here but long term investors should still wait in my opinion :) Lower prices are most likely over the next few months ! Just food for thought.
Price is breaking hard today but my guess there is probably another 150 points to the down side before price may attempt a pause (consolidate or start a new push to the upside) In my opinion, it is still a bit early to buy it! Just my thought ! :)
Price is coming back again to test a potential level of support! Will it hold or break ? No idea but my hunch is for a break eventually! Be careful ! Just my thought :)
Price is testing or breaking below the 50 area at the time of writing and if confirmed over the next few trading days, price should go down at least to test the long term up trend line ! Just my opinion :)
Price is back again to test a previous strong level of support! Will it break or bounce ? I don't know and will the market tell me what's next ! But as all major indices a breaking lower or retesting 2022 lows, my guess is it will most probably break lower but this is just a hunch and will wait for confirmation ! Just my opinion :)
Price clearly broke the long term up trend line and there is a high risk that price will accelerate to the down side very soon and to substantially much lower levels over the next few weeks and months ! Of course, along the way we will see powerful bounces ( it always happen in bear markets) but I would be very patient before buying this stock! Just my opinion :)