Are you buying the dip? - Follow up of previous post

10 במרץ 2023

Check my previous post below. Trade didn't work as expected but for me it means another opportunity. I didn't close it out as I posted back then (I know, I probably should have) but something was telling me that this particular stock may came back. Price has fallen onto the strong support. The bottom chart (daily timeframe) shows that that the support is holding nicely and is very likely to see a bounce off in the upcoming days. You can open a long position here (I'm already long in negative territory waiting for a come back), risk reward is good.