It happened twice for me. At first, I thought Labu dropped enough and I started to buy, however, it continued to drop until it reached 19, then bounced back. The trend reversed, however, i already sold my shares. the stock reached 54 rencently. I then started to buy Labd from 20 till it dropped to 15, by the time it bounced back to 19, then I heared Seabird said should take profit and exit, I did, now it is 23. Have a plan, if first buy failed, take a loss, try to buy back at a lower price, doesn't work, then take a loss again. Wait till it drop further. When trend breaks and established, be brace to buy large amount. |