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Day Trader’s Aftermarket Lounge 11 Dec 2019, page-82

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sintrate

48,997 Posts.

550

12/12/19

09:12

Post #: 41925031
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Originally posted by Patterns ↑

Let us have a look at PWN 0.8 and see if all the corncern trolling for the newbies, handwringing , gnashing of teeth, weeping, wailing and vitriol expressed is genuine or just a load of nonsense. The point is that PWN 0.8 is in a trending phase on the daily chart. This means that just about any pullback on lower timeframes is a buying opportunity and will result in a payday as price rises.Larger pullbacks might require a trader to hold the share a little longer than a day but overall buying low and selling high is what will make newbies profitable. In theory there is nothing wrong with buying at these levels, If the newbies were buying nearer to supply than demand or buying in any other phase than the trending phase then I would be concerned but the point where this share is will make more profitable trades than unprofitable trades and the barking about how @valvesound is doing the wrong thing by people is misguided and straight out wrong in this instance. It is as tradable as any other share.

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Cheers @Patterns
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