$PROM
Watch PROM closely: an 8.5% sharp drop, clearly driven by sentiment rather than fundamentals. Those who know, know what happened after the last move like this. I’m cautiously going long with a small position at 5.23; if I’m wrong, I’ll admit it at 5.07, and if I’m right, I’ll scale out at 5.68. Anyone brave enough to buy the dip with me? Don’t ask me why—just look at $PROM ; the chart will tell you. Be quick about it: go long on $PROM at 5.23, cut your losses if it breaks 5.07, and don’t get greedy when it hits 5.68. Don’t get carried away if you profit, and don’t cling to a losing trade. Discipline is worth more than picking the right direction. There are opportunities every day, but you only have one pot of capital—don’t get your priorities backwards. What this market lacks most isn’t opportunity; it’s people willing to give specific price levels.
Watch PROM closely: an 8.5% sharp drop, clearly driven by sentiment rather than fundamentals. Those who know, know what happened after the last move like this. I’m cautiously going long with a small position at 5.23; if I’m wrong, I’ll admit it at 5.07, and if I’m right, I’ll scale out at 5.68. Anyone brave enough to buy the dip with me? Don’t ask me why—just look at $PROM ; the chart will tell you. Be quick about it: go long on $PROM at 5.23, cut your losses if it breaks 5.07, and don’t get greedy when it hits 5.68. Don’t get carried away if you profit, and don’t cling to a losing trade. Discipline is worth more than picking the right direction. There are opportunities every day, but you only have one pot of capital—don’t get your priorities backwards. What this market lacks most isn’t opportunity; it’s people willing to give specific price levels.