from 17+ to 20+ to 15+ to 17- in a real short time....unusual..., especially when it's pattern and OBV was so positive around 17., and even at 20, just last week....so, I don't think I've ever seen a chart like this became....obviously, broke pattern yesterday, so selling into strength for quick, small loss....as normally occurs when I get a rare break like SPCT just did....it's just one of a bunch of positions for me, so no significant damage....it may yet revalidate technically, but I must adhere to the rules of my concept, so best wishes to all, and, while I am, of course, miffed, it's just an unemotional cut loss for me....sure, it's still cheap long-term, and a leader, fundamentally, but, as you know, I just don't employ those factors into my timing....quick, small, cut losses to me are just not that upsetting....I must move on, best wishes to all...a rare, yet small, loss from such a pattern, for me....will try to learn from it somehow.
this pattern has/had worked so well, so many times previously, for me.... |
