RE:Starting to get used to the tide lowering....howeveraurorahigh wrote: still surprised the sector is getting a beating even after all the positive news surrounding them....any other sector and the run would of started and kept picking up pace....kinda caught between a rock and a hard place....the majority of retail investors play these stocks well and the bigger players won't touch them yet
but as the old adage goes when there's blood in the streets...buy...buy...buy...
i hate being negative nancy but I think this is going to get a lot worse before it gets better. Like I said before these stocks have a long way to fall and I wouldn't make any purchases until you see capitulation which hasn't happened yet. Support for this stock is at 2.20 however APH and WEED have broken their long term uptrends and are about to go in free fall. This still will be dragged down with the sector. I'm not a buyer until panic selling and capitulation surfaces