Home > Stocks > Buy every Dip

Buy every Dip

The market sentiment so bullish right now. It’s very comfort to buy any dip on this situation. But the dip doesn’t appear until now. Just be patient. The market quite overbought right now.


Weekly chart forming a head and shoulder pattern. But we have a resistance @1000 level


It’s not a good risk/reward to enter right now. We’ll facing a very overbought level at this level. I think the take profit selling wave will come soon.

My View : Wait dip to enter long position again.

Related Posts Plugin for WordPress, Blogger...
Be Sociable, Share!
Categories: Stocks Tags:
  1. No comments yet.
  1. No trackbacks yet.