...yes, if you want to be a hero buying into falling knives lithium stock, you are not buying the dip, you are buying a downtrend on steroids. Fast way to lose money in a jiffy!
...new LTR holders who bought in at the start of a week ago are already down -18%, they could easily be down another 15-20% over another month, and needing a rise of +52% from that low just to get into break even. It is so easy to get caught up in a quicksand and then struggling to get back to the black.
Buying a dip means buying shallow pullbacks over rising moving averages.
Buying into charts that have rolled over into a downtrend isn't buying the dip, it's buying a downtrend, and should most often be avoided
https://x.com/bluechipdaily/status/1832088604421808286
