RE:This is a 50% retracement Too early in my opinion. A lower dip is coming if you look at the technicals, see 1 month RSI. no convergence yet. After the converge and forms a bottom, its the best time to buy. buying right now is a trap for the newbies. patience is the key and the best time to buy will come.
telecaster_400 wrote:
of the move from $7 to $14. This is where you buy.