A lot of people are talking about the Massive Sell off, the BIG DUMP, Fear, Dissappointment, etc.....
You guys know how I like to look at the "Big Picture" with my Slow as molasses Daily Charts that seem to never go anywhere. but Ive been seeing snippets of headlines come across my portable all day, so the first thing I did when I got home is take a look at this Massive Sell off! the only problem is that I did not see one. Its status Quo, Trading in the same range its been trading in for weeks now. So relax guys, lets buy some of this stuff up...
At this point, I dont see any IDEAS, I see neuatral ground with a Long BIAS. As soon as I can catch a signal or opportunity you will be the first to know. I would not even discount the idea that this could spike down to my Long Time support of 15 cents for a quickie, Maybe even stick some orders down there to snag some of this up on sale..
Hi what is the indicator you show on the right of the board? Looks very interesting.
Netrunner
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@ilfungo, that is the volume profile, the green area is the Value Area, that is where 70% of the trading volume has taken place, hence, "Value" area. It cam be hard to break out of the value area sometimes.