Newbaby,
My guess is that the CFD stop-loss positions are being hit atm.
So what to do?
- dump and take a loss
- buy more and average down
- do nothing
For newcomers this is a more difficult decision.
Most long-term holders I talk with are not really concerned.
Look at buy & sell orders in market depth and the course of sales transactions;
- Shallow pockets selling.
- Deep pockets accumulating.
Position building - what is that telling you?
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