[QUOTE=bull....;863841]Seems like 10.40 stopped it ...first small hurdle it cud not cross ...shows further bearishness ...till below 11.45 ...no bounce prospects !!:confused:
Printable View
Hell of a bearish feed this has become. I'm an investor not a trader. As Buffet said you should only be prepared to invest in stocks by asking yourself if you would be happy to hold them if the stock market closed for 5 years. I agree with comments made here indicating that downgrades are COVID related therefore I see the 5 year horizon similar now to how I saw it in January 20.
Having said that I appreciate many here are traders and therefore your approach will be different.
For investors who are new to investing. Be mindful of coming here (sharetrader) for investment advice or insights. DOYR, follow your convictions and if you're an investor be guided by where you see A2 in 5 years not 5 months.
(That being said what a painful pre christmas kick in the guts)
Wonder if the institutes have anything to do with boosting the price?
They wouldn't want to see ATM falling so low and leaving sour tastes.
Only BRAND Toyota can call their cars Toyota..........
"Having said that I appreciate many here are traders "
some operations do both. Often it depends on the stock and its life cycle and its sector. To say TRADER or INVESTOR is not actually accurate. Some operations are more complex than that.
If this stock has no IP and has build a market based only approach to its product with nothing else than some Operators may decide its a TRADE and other stock are a HOLD.