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Technical analysis by dchua1969 about Symbol AMZNX on 20 hour ago

https://sahmeto.com/message/3697862
dchua1969
dchua1969
Rank: 1049
2.7
،Technical،dchua1969

On hindsight, it is easier to say , sell high and buy low since you can see the price movments happening already! On a day to day basis, it is much harder as the price patterns are evolving... Plus the media would do what it is supposed to do - create sensational headlines to capture your readership and the more bloody or negative the better ! And many retail investors tend to freak out when reading these news and sell their shares. The challenge is they may not be so lucky to capture it at the bottom price and weeks or months later, they decide to enter the market because it is hot again, many people are talking about it, analysts recommendations, etc The one thing I have learnt throughout the years is sitting tight and doing nothing. It is really difficult at times when you see your profits evaporated or dwindled from say , 25% to 3% and you were thinking to yourself - I should have sold some earlier and took some profits............ Maybe you were busy, lazy or forget about it, after some time when you look back, the market has rewarded you with your patience. Profits start to climb up and things are looking good again. Then it happens again much like the valleys in the chart, up and down , up and down........ On a 10-20 years basis, a fundamentally good stock will be on its upward trajectory and delivers solid capital gains to those who believe in its growth story and willing to ride the short term roller coaster ride and emerge as winners much later........

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$223
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