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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > Trading In a nutshell from a guru
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Post by Ggeeman on Jan 22, 2019 11:43am

Trading In a nutshell from a guru

Wyckoff writes, When you have learned to take a wholly impartial viewpoint, unbiased by news, gossip, opinions and your own prejudices, you will realize that the stock market is like any other merchandising business. Those who understand it buy only when prices are low with the idea of selling when they are high; and they operate only in the stocks or commodities which they can move best so they may secure the highest possible rate of turnover of inventories. Source: Wyckoff (1937)
Comment by Ggeeman on Jan 22, 2019 11:45am
The preparation of an important move in the market takes a considerable time. A large operator or investor acting singly cannot often, in a single days session, buy 25,000 to 100,000 shares of stock without putting the price up too much. Instead, he takes days, weeks or months in which to accumulate his line in one or many stocks. Source: Wyckoff (1937) Instead, heres how he sets it up: first ...more  
Comment by mozzarella on Jan 22, 2019 12:02pm
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Comment by StopTheInanity on Jan 22, 2019 1:29pm
...this is bang on. Nice pull.
Comment by Stockmoves1 on Jan 22, 2019 1:34pm
appears support is established .. somethg will give in the next day or three...
Comment by Passngr on Jan 22, 2019 2:07pm
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Comment by mozzarella on Jan 22, 2019 4:20pm
This post has been removed in accordance with Community Policy
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