Having a tough time getting above the 50 Day MA and still in this strict bullish flag, this is still positive, it means that the price can come down to the bottom of the flag next and the 200 Day MA will likely meet the price there too.
We haven't bought here yet but I am always in the market to buy when a stock goes lower while maintaining its structure.
We can see on a lot of our charts that we need to take our time, no rushing into $PLTR, $AMD or $ABNB etc, you are effectively getting paid for your patience as the price goes lower......you do not always have to buy because you have cash in your account, waiting is just as much of the process as finding an undervalued stock.
So continued patience is needed and I believe our members are doing great here as they see the price moving down and staying structured.
Gareth Neary
2023-09-18 01:32:24 +0000 UTCSimpson
2023-09-17 06:35:21 +0000 UTCStephanie
2023-09-16 17:33:01 +0000 UTC