What do we investors do in a dip? Exactly, we take it to our advantage and add to our position. The whole market went through a correction which was bound to happen. Chances of it going much lower are slim to none, so we seek our discounts.
I'm looking at VIDT today, they went through a 60% correction after reaching an all time high not that long ago. Seems to be going through a very similar pattern as the start of the previous upmove. Waves are longer and more aggressive at higher ranges which makes me believe VIDT is ready for the next leg up looking at the pattern unfolding. Shows signs of being oversold heavily on the RSI as extra confirmation. I'm looking at a 300% short term gain for this one.
Stay safe and do your own research all!
Cheers.
I'm looking at VIDT today, they went through a 60% correction after reaching an all time high not that long ago. Seems to be going through a very similar pattern as the start of the previous upmove. Waves are longer and more aggressive at higher ranges which makes me believe VIDT is ready for the next leg up looking at the pattern unfolding. Shows signs of being oversold heavily on the RSI as extra confirmation. I'm looking at a 300% short term gain for this one.
Stay safe and do your own research all!
Cheers.