RE: Cannot understand the drop....12 Nov 2021 17:14
I am grateful to this board as it has been my sanity during the pandemic. Someone here suggested that I should start investing in US stocks as well which, I did all the patterns and the size of the movements are exponential.
What I observed on the US market is that at the slightest bad news even some times after good news the stocks drop disproportionate not because it is anything wrong with the company but because the up trend is broken and the HF wants to put money to work somewhere else.
This may be the case with AZN, if so then it will fall for the next 2 months then before next results back up again. Hopefully this won't happen to AZN otherwise it will drop close to 80 for no fault of its own, just HF cash management
Lets see DYR GLA