Hi readers,
Stating the obvious....
There are some investors /traders who take a very microscopic view of the share market...trying to second guess or worse out with the market. As it will not take a genius to know that the quieter the market is the lower the chances of selecting a high performance stock...No matter how good or fundamental a stock is ,if there are few buyers. How does one expect the share to go up meaningfully ? At best it may move one or two bids up but anything more would require a herculean effort.
Conversely should it fall later the inverse would be true..with few buyers the fall can be exaggerated , possibly even more than the initial rise...that is why sometimes it may be better to let an opportunity go by than to catch a subsequent falling knife ! Instead try looking for hidden gems within the broad market by identifying "real" collection patterns.
The collection price might serve as a base price for a rally at a later date...
Have a good day.
Thank you
Chris Choo
http://traderight88.blogspot.com
email me if you have any queries at chrischoo007@gmail.com