I'm still holding my position. The support looks pretty strong, and the company's future is looking more positive than negative. Yes, the price spiked at 4.20 but that doesn't mean it won't go higher. There's past resistance around that area. The stock was on an uptrend before the earnings call. So I feel like it's safe to hold overnight.
I guess it depends on what your goals are. I like to go for short-term spikes. However, if I see enough potential, I try to be flexible and hold.
every time i try that approach the bell open always plumets from premarket. i cant ever trade premarket.
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I do not think I know enough to advise you on that. I can tell you to look into relative strength indicators, as that is what i am working on learning now. To sum it up shortly : you compare the stocks movement to the movement of the rest of the sector or market to determine if it is under-performing or over-performing, thus determining if it is under-valued or over-valued, and possibly allowing you to have an idea of which direction the stock may move. There are MANY different indicators like t
@ExTrader My losses don't exceed 25€ per day. but i lose almost 25€ per day lol. may be should I paper trade but it's difficult for me when there is not real money involved.
load your trades in profilty so we can look at the trades
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@ERN just became a fully transparent trader today!
Awesome!
what originally brought UWTI to your watchlist?
Great catch.. Thanks for sharing. Hoping to keep learning. First week in.
ERN - The more you trade.. The smaller the stock world becomes. You come across it because its normal and you investigate. However OIL is moving right now and is current with OPEC deals. Russia, Saudis etc.
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