Its always nice to see some of your favorite stocks trend lower. That is the case for some of the stocks taht i am looking at right now. ElectroTech has retreated from its high of 0.63.Good entry point now that MCAD and RSI weakening, but i feel its better to stay in cash for the near future. The market risk is high enough to warrant such a defensive position. One needs to learn to be more patient, knowing that in time a much more favorable scenario will unfold.

No comments:
Post a Comment