Dislikedwhat is the point of posting technical analysis charts .. they don't work .. technical analysis is good to read the past but not for future.. price need a reason to move .. a tweet from trump will set all analysis to hit SL... anybody can draw some line and say if breaks this will go this way if break down will go that way.. oh and finally if breaks and doesn't move the way it should u are stop lossed. so analyst will say to give a sl and move on... this is not the way warren buffet trades or invest.. there is no sl and there is no line or indicators......Ignored
Warren buffet: “I don’t know WHEN to buy stocks, but I know WHETHER to buy stocks
When you buy stocks outright, you don't need a SL, you just need patience. Sure there are losers but less painful without leveraging.
leveraging is what hurts. Price moves from buying and selling = technicals.
News generally provides noise. Some news are earth shakers to the markets but for example, NFP isn't doing the kind of damage it used to 5 years ago to the markets.