15 Nov 2020
Hope everyone is doing good. So for the pass few weeks i have created another chat group, to share my information and knowledge for trading, i am not a professional or a full time trader, same as everyone trying to earn some side income, but together we can exchange our knowledge and experience. First thing you need to do is understand your stock, is it going uptrend , downtrend or sideway. What is your entry price, where is the support, where is the resistance. how much can you lose. If the stock keep going up what am i going to do, is it too dangerous to keep holding, should i sell half and take profit first then when it start to do a correction then i buy back. Long term or short term for this stock. All this question need to know. I always remind my chat group, do not chase high, dont see people keep winning money eyes red then go in and when you go in drop like mad then how are u going to cut lose or buy more to average out?
TICKER: ARKK
Resistance range: 100 - 101
Support range: 96 - 97
TICKER: ARKW
Resistance range:: 121
Support range: 117
TICKER: NIO
Resistance range:: 44.56
Support range: 38 and next fall is 26
I have circle in the Distribution Ship which tiger broker has this speical tool, not sure about other platform and there is a middle section empty means there is no support and i also have underline 26 where the next support if it fall below 38
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