Bought Alibaba Hong Kong at the bottom and even though the market is selling down now, the stock is trending higher and higher as the trade is currently still taking place. To be able to buy at the bottom when everyone is fear, one has to see the washing that took place and many retail dumped the stock and as a astute trader, she has to take the courage and look to buy at the bottom. The signals were all there and if you buy the right stock at the right timing, the profits can escalate very fast while the risk is heavily reduced. Study the chart, it has all the signals to buy low and hold high.
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Update: 1/4/2020, 3:05pm
Sold off Alibaba Hong Kong. Soon after clicking the sell button, the stock tumbled and suffered more selling.
Ronald K - Market Psychologist - A Stock Market Opportunist
