RE: Resistance?13 May 2021 11:23
congratulations guesswronx, what do you want? A medal? Many have speculated when, where and how low would a buy dip be after the disappointing green list. Many have made their guess, some have gambled events can happen which will crash the price and wait for that. Others gamble that events will not happen and there will be no lower entry point. I posted, shi.t happens, you never know. As I am reading world news reports this dip actually seems to be related to, amongst other things, Taiwan stock market big fall a couple of days ago. With the world market sequence it can take a couple of days for reverberations to come through and played against the Israel situation and shock news reports on delaying the June end to lockdown you end up with compounded news events. However, it is noted that people who make wild market crash predictions, never give a time scale nor an indication of the reasons why it may happen. I am yet to find one single credible price fall prediction with reasoning given BEFORE the event. A lot of people post crashes, they are forgotten when they don't happen or claim they told us all so some weeks latter if a pandemic kicks off or something actually resulting in a fall!
You, for example, cited the variants and India as a future prediction for further falls in sp. This news story is already 2 days old, and whilst it doesn't fit in with the BBC doom and gloom click bait headline, it indicates just how the narrative can flip over in hours. There is no reason why this share will not finish blue today, especially with all those investors like you out there that are far more clever than the rest of us put together.
http://newsonair.com/Main-News-Details.aspx?id=416412