Sharck, I have been trading ONIS for the past few days
now, and have had a lot of trouble with it. I have seen
it dip many times, and I have noticed that it goes
down quite fast. Every time it makes these "little
intraday crashes", I think the stock is so weak that
it won't recover. But then it does a 180 and rockets
strait back up as hard as it fell. I have trouble telling
the difference between true weakness and "false"
weakness. I have seen many stocks fall, and never
recover. How can I tell if the dip is gonna rocket
back up, or just go sideways perhaps, then fall?
This is important if you for example have 10,000 shares
at 36.84 and it crashes instantly to 35.50 or 36.
If I hold I'd be ok, but my first instict is to sell.
If I wait to find out if 35.50 or 36 going break, and it
hits 34.72, and I stop out, that is a massive loss,
especially if this volitile ONIS tricks everyone and
decides to go to 37 again! |
