Losing on a trade when you think it will go up, especially after following EMA's does not feel okay.
If you look at these 2 charts one is Amazon
AMZN
and the other is
MSFT
Microsoft.
Now Microsoft crashed on the earnings report to about -4%
This type of move really shocked me.
Because I was expecting the price to follow the trend lines and in this case, it didn't do that,
instead when the news came out on that day of earnings the price dropped like a pile of bricks.
In this case, it gapped down.
while it was in an uptrend,
What do you think will happen to Amazon next week at the earnings report?
I think it will crash as well just like Microsoft but
we will have to wait and see exactly what happens after the market closes next week Tuesday
Remember Rocket boost this content to learn more.
Disclaimer: Trading is risky and you will lose money do not buy or sell anything I recommend to you. These are just ideas they are not facts.
If you look at these 2 charts one is Amazon
AMZN
and the other is
MSFT
Microsoft. Now Microsoft crashed on the earnings report to about -4%
This type of move really shocked me.
Because I was expecting the price to follow the trend lines and in this case, it didn't do that,
instead when the news came out on that day of earnings the price dropped like a pile of bricks.
In this case, it gapped down.
while it was in an uptrend,
What do you think will happen to Amazon next week at the earnings report?
I think it will crash as well just like Microsoft but
we will have to wait and see exactly what happens after the market closes next week Tuesday
Remember Rocket boost this content to learn more.
Disclaimer: Trading is risky and you will lose money do not buy or sell anything I recommend to you. These are just ideas they are not facts.
