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Trader Brian Jones
@MasterBJones
The most important thing about trading a stock is a the CHART. If you see a stock in a down trend. You are NOT suppose to buy it long. I don't care what any Harvard MBA say about this or that. Means nothing! The chart is REALITY! Trading 101.
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Trader Brian Jones
@MasterBJones
How bad is this market? Even good companies like $RBLX. Which was $141.00 last year and I heard everyone being Bullish on it then is $27.00 today.
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whitepufferfish
@whitepufferfish
Replying to
@MasterBJones
Similar stock with RBLX is U, got hammered n setting daily 52 week low. I can’t agreed more on the charts n indicators, as the best trading tools you can have when battling the market. It give you a clear picture of how trader are shorters/investors are behaving.
Reno Smith
@RenoSmith9
Replying to
@MasterBJones
Roblox was grossly overvalued. Only good for a bull market bubble. Now eith interest rates rising PEs matter and not growth prospects. Will emerge from rubble and be a huge winner 5 yrs from now.