$QNT, this drop didn’t give any warning—it's kind of disgusting.
Current price is around $207
In the last 24h, it’s down about 19.9%, with weaker volume
Analysis: First, look at the low at 195—can it hold? If it can’t, then look further down; don’t rush to guess the bottom. Weak volume means not many people are really stepping in to buy—in times like this, rushing in is basically getting handed a loss. Damn, with a chart like this, you can only wait and wait for it to form a decent stop-the-fall signal on its own. Don’t act; not acting is better than making a random move. I’ll check the top 50 each day as usual—no need to worry about this one moment.
Did you cut the loss, or are you still holding on?
Current price is around $207
In the last 24h, it’s down about 19.9%, with weaker volume
Analysis: First, look at the low at 195—can it hold? If it can’t, then look further down; don’t rush to guess the bottom. Weak volume means not many people are really stepping in to buy—in times like this, rushing in is basically getting handed a loss. Damn, with a chart like this, you can only wait and wait for it to form a decent stop-the-fall signal on its own. Don’t act; not acting is better than making a random move. I’ll check the top 50 each day as usual—no need to worry about this one moment.
Did you cut the loss, or are you still holding on?
