OIH relentless decline - best you can say is it's oversold.
Prefer to see a trigger to buy. A wise trader quote
"picking bottoms usually leads to stinky fingers"
Yes as Steve points out, the trend is strongly down, so unless
you have to tools and triggers to play counter trend bounces best
to leave those and just follow price, otherwise too easy to die by
a 1000 cuts
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any thoughts on OIH at
Posted by vinylchild on 14th of Aug 2019 at 12:28 pm
any thoughts on OIH at these levels?
OIH relentless decline - best
Posted by steve on 14th of Aug 2019 at 12:36 pm
OIH relentless decline - best you can say is it's oversold. Prefer to see a trigger to buy. A wise trader quote "picking bottoms usually leads to stinky fingers"
Yes as Steve points out,
Posted by matt on 14th of Aug 2019 at 12:40 pm
Yes as Steve points out, the trend is strongly down, so unless you have to tools and triggers to play counter trend bounces best to leave those and just follow price, otherwise too easy to die by a 1000 cuts