I have observed second time that this kind of long consolidation especially the circle candles are really bullish if they move above the previous price. Will study a few more before I make a move next time
The weather is not always green for me, this one down 8% yesterday but holding with a view that if it is good it should move up or otherwise. the news was so damaging thinking i won't need sl for it so left unattended.
Holding @ 240 with a heavy heart๐
This is where I falter at long-term view, holding this at around 182, now it's more than 5% down from its high. What am I supposed to do๐คธ follow the chart or forget the chart and be content ๐๐ซช
Note: I am no expert at chart I just follow the trend line (both vertical and horizontal) . Based on vertical it's telling me hold 1 more day while horizontal is telling are you ok with another 5-10 ๐๐คธ
Some where i remember about gem aroma Us exposure thread, now read about its new plant and promoter buying . It also reminds me of one of the x user asking me about rubicon's chart which I never heard of then.. I asked him whether he read about it and he disappeard immediately. So I decided to go through about its background.. Both had US exposure, and were driven by emotions/sentiments even though mgmt had different view. But sector tailwind and execution won, so one of them is up and the other down then.
Now will the former join the show n go up from here? Let's wait and watch
Not a buyorsell though
DYODD.