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re: Closed -
Posted on 1/20/21 at 11:12 am to NotoriousFSU
Posted on 1/20/21 at 11:12 am to NotoriousFSU
quote:
New to investing...how can you tell when a new floor has been established? Is it simply just an observation of the lowest price before a rebound so there’s not really a definitive way of knowing?
If you subscribe to any number of sites ( Trading View ) is mine, charting is available. Charts allow you to follow trends, channels , etc. Good stuff to learn since its your money. Currently we have a large Fund ( probably Sabby ) sitting on ZOM controlling the movement. The FUND is trading pennies all day long on a ALGORITHIM moving ZOM up and down the channel. Until SABBY is full or there is a PR to drive the price up with volume, we will sit in this channel for a few days. Enjoy the ride nothing to worry about.....GL
1
Posted on 1/20/21 at 11:24 am to AncientTiger
I appreciate the advice and insight you offer. Just learning the ropes for now and keeping my investments pretty conservative, so I’m not really concerned over the potential losses since it’s such a minuscule amount at stake.
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