Let's let CHN update shareholders with something material
Mornin@TomAndJerry sounds like you do have a plan and some wiggle room is definitely fine. It also sounds like your entry could be below $1.70 so there's no real concerns as much?? There will be opportunities for all! Shorter term traders probably wait the shortest amount of time, where investors and other longer term people need to wait it out for better prices for their DCA'ing.
You can also tell who the longs are. Overly excited, euphoric etc etc. Your gaps at those ridiculous $4's and $5's don't need any mentions. 83c is far closer than $5. We shall see though
CHN = APX 2.0 THEY JUST DONT SEE IT YET! Although chart attached shows near identical happenings right now. APX'ers couldn't see it either.
A sell down should assist with the RSI cooling off as alluded in my former charting post. Atleast that will attract some more folks lol
PDN Bulls weren't expecting a -20% down move. I suspect CHN'ers are oblivious to the risks as euphoria and crowd mentality cloud logical thinking. I will play the shorter term pattern I see being repeated. If it doesn't work I will cut it. I'm not saying this drops 75% either so not sure why people are nervous enough to try and defame me and try to character assassinate. Flags for me when that happens. A long making lots of money should never get that emotional about a short term bear like me. It just doesn't stack up.
I am sure Fridays selldown from $2 sellers was just fluke. I am sure the order book of $2 sellers here is also a fluke we shouldn't look much into it, right?
CHN Price at posting:
$1.95 Sentiment: Sell Disclosure: Not Held
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sounds like you do have a plan and some wiggle room is definitely fine. It also sounds like your entry could be below $1.70 so there's no real concerns as much?? There will be opportunities for all! Shorter term traders probably wait the shortest amount of time, where investors and other longer term people need to wait it out for better prices for their DCA'ing.
You can also tell who the longs are. Overly excited, euphoric etc etc. Your gaps at those ridiculous $4's and $5's don't need any mentions. 83c is far closer than $5. We shall see thoughAlthough chart attached shows near identical happenings right now. APX'ers couldn't see it either.
(20min delay)