I do not trade Stock so this is not a signal, just simple share.
Some of my friends asked that when we can buy DJI? and I asked them why you think you can buy DJI?
Most of the answer is breakout and I see a lot of ppl on Vietnam Forum think it is a breakout already. I don't say it will go down but for me at the moment, no breakout yet. It can go either way. You need to think as the bigger boy on Month timeframe. They will not really be sure whether it breaks or not.
What I want you, as the retail trader, should think these prices as the avoided area. We see it lacks of momentum, price still play just above the significant point and why bigboy still not push it up yet?
The mindset is very important and be sure your thought is logical. My warning note is that If you buy around this area, the winning possibility is not much higher than 26k6.
Cheers
Some of my friends asked that when we can buy DJI? and I asked them why you think you can buy DJI?
Most of the answer is breakout and I see a lot of ppl on Vietnam Forum think it is a breakout already. I don't say it will go down but for me at the moment, no breakout yet. It can go either way. You need to think as the bigger boy on Month timeframe. They will not really be sure whether it breaks or not.
What I want you, as the retail trader, should think these prices as the avoided area. We see it lacks of momentum, price still play just above the significant point and why bigboy still not push it up yet?
The mindset is very important and be sure your thought is logical. My warning note is that If you buy around this area, the winning possibility is not much higher than 26k6.
Cheers