Tip for newcomers,
When looking to enter a long position look for every reason why the stock will go down/turn bearish. With all the pumping that occurs here sometimes it's easy to look at a stock with a bullish bias, but as budding technical traders there is a requirement to cut out the noise and focus solely on whatever buy trigger you have.
Identifying resistance levels and a sell target is rather important, it will show if a trade is worth the risk getting in to.
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Tip for newcomers, When looking to enter a long position look...
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Glen Diemar, MD
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