$ONDO is down 8.1 percent. Ask yourself who is selling it to you at this price
Chasing top gainers always traps late money
Look at the arithmetic on the screen right now
Price sits at $0.42990 which is just 17 percent of the daily range
The high today reached $0.47060 before the sellers took total control
Volume is running at 1.1x the average so heavy distribution is happening
When you buy a red candle this deep you are taking inventory from someone who timed the top better
They are exiting their profit while you are hoping for a dead cat bounce
Protect your capital by waiting for a base instead of catching falling knives
Do not take my word for it, tap $ONDO and look at the candles
What is your worst mistake from chasing a green candle
#ONDO #TradingTips
Chasing top gainers always traps late money
Look at the arithmetic on the screen right now
Price sits at $0.42990 which is just 17 percent of the daily range
The high today reached $0.47060 before the sellers took total control
Volume is running at 1.1x the average so heavy distribution is happening
When you buy a red candle this deep you are taking inventory from someone who timed the top better
They are exiting their profit while you are hoping for a dead cat bounce
Protect your capital by waiting for a base instead of catching falling knives
Do not take my word for it, tap $ONDO and look at the candles
What is your worst mistake from chasing a green candle
#ONDO #TradingTips