When you see this after you have invested in something....
What happens after that? As you might have seen in my earlier post. What happens after might be just this!
What exactly is happening there in the red box? Usually it's something called the "consolidation" which if you zoom in looks something like this:
What's happening here is there might be short sellers and as well as buyers coming in at different times pushing prices around like a ping pong ball. No one exactly know what's going to happen next!
At the end of this you see this graph kind of flat lined..... the fighting of sellers and buyers kind of exhausted themselves...
And if the investment's fundamental is reasonably good and is truly in a bull market or a strong uptrend. Big and smart money will come in and take it higher. You see what happens next... $$$$ if you can watch for these signs!!!
Why do the heavy lifting yourself when you can just watch and see where prices settle down?
Next time let others do the fighting and leave your money safe and sound. We are not here to be GAMBLERS!
Wish everyone happiness and prosperity!
Nice post! Will following for more :-)
Thanks for the support!