it looks pretty risky to buy put just based on the one trendline that is going down. the long-term trendline has been going up in a while and there is many support along that long-term upward trendline. furthermore, the long-term upward trendline is supported by its fundamentals, if fundamental analysis is to be taken into consideration. therefore, to your question, NO for put.
is this your first post? hope to see more of you posting here. :) and sorry, i do realize this comment is one week too late... but i'm excited at the prospect of replying something meaningful in this blog. ^___^
1 comment:
it looks pretty risky to buy put just based on the one trendline that is going down. the long-term trendline has been going up in a while and there is many support along that long-term upward trendline. furthermore, the long-term upward trendline is supported by its fundamentals, if fundamental analysis is to be taken into consideration. therefore, to your question, NO for put.
is this your first post? hope to see more of you posting here. :) and sorry, i do realize this comment is one week too late... but i'm excited at the prospect of replying something meaningful in this blog. ^___^
have a nice day!
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