If anybody was thinking of picking up a few shares now is the time to think harder. Of course price could go lower but you just have to take you best shots. demand zone 88-92
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Can you explain what you mean by 'demand zone?' Thanks.
A demand zone is an area where the chart suggests there are more buyers than sellers. That is usually the best time to buy. You would not be buying on emotion because in order to hit a demand zone the price has to go down.
Of course the sellers can come in and overwhelm the buyers but overall if you buy in demand zones you will do much better than just buying at any price
This demand zone is not great but it is there. The next one down is about $85 A better one is around $74. Price does not have to get down there. This only means that if price does get there it is likely to turn. As of this moment the 92-88 demand zone is stalling the drop. We will have to see what happens next.
TIL👌
Sorry, I am about to show you how clueless I really am about a lot of things. I do not know what TIL means.
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