/biz/ - Business & Finance

Anonymous Mon Jan 20 20:53:54 2020 No.16930119 [View]
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>>16929683
There's not much to see really. I didn't even research why it dumped >20%, what happened?

What I see is a multi year uptrend with a significant pullback last year moving it below the moving average on several time scales. Looking at the chart again I can see a recent bounce and macd 1w bullish cross. Now it may just be crabbing or it might be about to breakout, who knows. Time is on my side and price per share is cheap enough for me to average in for however many months or years it takes.

I've got similar plays on PYPL and SBUX that are working out nicely right now. Sure I'm only going to make single or low double digit gains but it keeps me entertained.

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/biz/ - Business & Finance

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