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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: berniel who wrote (12456)	12/4/2021 11:28:05 AM
From: Kirk ©	2 Recommendations Recommended By berniel robert b furman Read Replies (1) \| Respond to of 26731

OK, I added that trendline to this chart. With my personal accounts, I split some of my newsletter buys that are very close to hitting so I could get some shares this week should we bottom before they hit the targets, some just a few cents away. This chart tells me someone probably had a sell stop at $4500 so they took it down to there to get those shares then bounced up. If this was an individual security that I have target buys for, rather than sit on a $4500 buy limit order, I'd recommend splitting it in two at perhaps 4475 and 4525 to make sure you get shares in case. It is too difficult to do that for an "official model portfolio" where all buys and sells are accounted for but we can do it for our own trading in stocks or ETFs we want to make sure we get some, especially if we were good enough to take profits at higher prices.