Whats it with people and specific targets to buy it? A RANT


I get it a lot of it is with technical analysis, but a lot of technical analysis is behaviors of traders in the past, how tf do you know if those same traders are in those stocks anymore, or if they like other stocks now, or would even trade that stock anymore. The entire putting a price target on when to buy seems dum af to me. If you belive in the company just buy it, if you belive but think it will go down some then just slowly go in. WTF is with this people throwing out this exact numbers of when to buy. A stock doesnt go all oh I am lower than 130 now I need to go up, no dumbo it is affected by external news both on macro and on company's news two things you cant predict or control.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *