WallStreetYodaOP :
if it was a dip on a upward trend yes but its a heavy dip on a downward tren meaning there will be pullback to the upside but only to reverse back to the main trend which is downward unless we see a trend reversal( it would have to break above a certain point that I didn’t chart out yetThen we’re still in a downtrend
WallStreetYodaOP :
You could make money or shorting it put that in itself is risky as well you have to watch it and not let it get too far against you based off your risk tolerance
Thura : It is time to buy?
WallStreetYodaOP : no i would not just yet stocks dont change trends that fast
WallStreetYodaOP : if it was a dip on a upward trend yes but its a heavy dip on a downward tren meaning there will be pullback to the upside but only to reverse back to the main trend which is downward unless we see a trend reversal( it would have to break above a certain point that I didn’t chart out yetThen we’re still in a downtrend
WallStreetYodaOP : You could make money or shorting it put that in itself is risky as well you have to watch it and not let it get too far against you based off your risk tolerance