Too bad, look at the weekly chart. Easier to see.
On daily, we can see this too. RSI is curving down and it is not oversold.
Trend is going down. When it is going to be over with. Funds do not buy unless they see a trend reversal.
Need to have a person on Fast Money to present their business.
They should also call Cramer to be on his show.
It is the CEO's responsibility to "market" the value of it's business in comparison with the same in the sector. In this case is TWTR.
We hear TWTR TWTR all day long.
We hear from Robin Li of BIDU more often.
Where is the CEO of SINA hiding.??
SPY. DIA...forming hammers and at bottom of bollinger bands...so be careful with shorting anything unless a stock is overextended.
Good time to add favorite stocks that are oversold.. Or buy ETFs like UDOW SPXL..etc..
Happy to see you Ogewen.
I wish you and your family a merry Christmas and all your dreams will come true!!
I always look for your name. Since there are so many posts on down days, I missed your posts !!!!!
I will look for them and will get back.
The market is so cranky right now. Unless we have confidence in our homework, it's tough to look at the deep red indexes. There are so many traders in the world now with big bank accounts that can manipulate the market easily.
Mentioned as top three.
My husband said when I see stockgirlrl posting let him know..time to add...She knows a lot about TA but good indicator to add..
Good luck...I am an investor based on fundamentals..