HYD 0.00% 1.4¢ hydrix limited

PSY's Future, page-24

  1. 34,916 Posts.
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    So what happened to all this Fib 50%/68% calls? Self-fulfilling signals, hordes of traders look for it, then buy at these points and say look it works? Reality is too many traders entered, pushed it up, now too many traders exiting and pushing it down. Always have to be very careful when buying a stock that has had a rapid rise. They rarely hold.
 
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