..take a look at this IDP Educ long term chart, what do you see? A giant X-mas tree - huge retracement.
..today IEL crashed -48% but this stock which is a short darling should have been sold ages ago when it looked poised to retrace in X-mas Nordique retracement fashion.
..I've been warning about Buy and Hold, and this stock tells us to never cling to hopium to recover with time as
A Dog of a Stock Will Show You More Fleas Over Time- cut the dog and re-deploy into "stars".
If one is not prepared to cut losses, failing to acknowledge mistake early on and being in denial to the end, it can end in tears.
