I mix my stocks between highly volatiles, safe (I call TSLA safe) and the potentially rewarding over months. Ironically it's that last category that is most frustrating and least rewarding to me, and the first I will get out of once they turn a profit.
Oblivious? Don't know if your U.S. friends are clued into what the markets are doing on a regular basis but the Dow had already dropped by -16.97% by end Feb 28 '20!!!!!!!!!
It's possible I've got my dates wrong. I'd have to check when I did all that. May have been Feb and not March.
%% OK, as far as repeating patterns go; i get a lot of big trends off 200 day moving average/ its a good objective measure + trend confirmation. LATE sell signal also\ 200dma,also\ IBD founder notes........................................................
%% Vic's calling TSLA a ''safe stock'' to trade may cause him more trouble than his occasional preference of a realized gain vs a gain/LOL. In energy sector he maybe helped by his ''realized gain'' main goal. TSLA's volume trending waaaaaaaaaaaaaaaaaaaaaaaau down, 12 months, doesnt bother me, they're buying it @ 200dma. But huge overhead resistance @ JAN, 2021 makes it a bit dangerous for traders. Fine for investors\ maybe a dead duck for traders. Agree with dead dog/snoopy\ try to avoid overhead resistance when trading.
Totally agree with that logic, I actually financed an increase in my AMZN long position shorting BABA