know how to read spinning top candles etc + understand valuation relativities in the market
if you dont have those skills you're generally better off buy and holding - retail people end up selling lows and buying back in higher whent hey try to trade because they trade on price momentum
as ive mentioned before, since algos came in the short terms highs are higher and lows are lower - they use cfds and trading algos to pump stocks up during risk on for the sector - then deflate it when they shift to another sector
thats why ive been banging on about valuations and the wide range of values that can apply to high growth spec stocks
i can make a case for bud being worth $100m or $600m mkt cap - depending on how hot high growth tech is
thats because its all about how you choose to interpret how ironclad the contract guaranteed minimums are - which is driven by your bias for the stock/sector/outlook and those of the other market investors + if you are feelign really bolshy - an overlay for future dala sales and distribution growth
but in the here and now the mgt set expectations that havent been met - the cause is irrelevant as is whether the market is to blame for some of the excess expectation - stock gets sold off until expectations to price are back in balance
it would likely have held higher - but its come at a time when marklet has decided to rotate its overall sector allocations. thats what sped up the price falls in past week
happens all the time. really nothing to see here
if you;re too late to sell a top the key is to focus on your reason for investing in the company - assuming its an actual investment not a trade
if the investment basis is still sound - the daily up down of share price is just noise - because you;re looking at the 3 year view
but this is also why i said everyone should learn both trading and valuation skills if they can