I've said this in previous posts - there's no rule in trading or investing that says you always buy a stock that has fallen 20-30%. Despite this no duh statement, i know people are nibbling at this stock today as we speak, mostly for emotional reasons, and are averaging down. Even if you get in a bit late, it's wise to wait for the stock to see SOME kind of bottoming out and not guess on the very day it's down 30%. It may have worked for you in the past, but we tend to forget the loses and only remember the wins. Stay patient. Today is NOT the time to get in.
Submitted June 29, 2017 at 12:47PM by grenadetradedotcom http://ift.tt/2u35ApA
