Robinhood Markets, Inc.Panjang
Long on hood opened position today
Telah dikemas kini
I set a stop loss in the picture, but in my investing I do not use a stop loss, I just add more if it goes lower and my conviction remains.
This looks like capitulation to me, it is a very premature buy by most standards, I love catching falling knives. The RSI shows that preliminary support was much higher, and as it trends up while making lower lows in price I feel comfortable buying, that plus this giant falling wedge which just broke.
This looks like capitulation to me, it is a very premature buy by most standards, I love catching falling knives. The RSI shows that preliminary support was much higher, and as it trends up while making lower lows in price I feel comfortable buying, that plus this giant falling wedge which just broke.
Nota
I entered at 18.22
This is the close up of the entry and why.
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Sorry for no update, Ive been banned for a few days because I was a Bitcoin bear in TV chat.I added more yesterday at this green circle to lower my DCA entry
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I am becoming more and more convinced this was the bottom here. At the bare minimum I expect a rally simply because shorts are going to cover. Nota
Doubled down todayNota
Things look dumpiest before pumpiest!Nota
I believe todays move was a liquidity scoop. There was a clear support line that if broken would trigger stop losses, which are used as liquidity for institutions to buy.This is often how institutions scoop shares without sending price up.
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Poop and scoop 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.