I’ve only sold 20 pairs of sneakers thus far this year. 11 on StockX & 9 on Goat. Goat really need to lower their seller fees or get rid of their cash out fee damnit.
When markets or individual stocks are below a declining 5 day SMA, the odds are against reversal. It is better to wait for the 5 to flatten/begin to rise before purchasing.
You WILL NOT buy the low, but you will also not buy several times before a low is revealed, saving mental and actual capital.
Be patient, don't buy the dip.
Fun fact: $AAPL beat by a penny and provided in-line guidance, but is looking to open lower on the news. That's something that has only happened four times in the past. Each time the stock was up a month later and was higher by an average of 14.3%.
Atp it’s quite obvious that some Fedex employees has no shame. My sneaker packages are always opened & poorly resealed with the taupe tape over the clear tape Nike or whomever originally sealed it with. #itsgivingRidiculous