[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 7 KB, 405x430, 1.png [View same] [iqdb] [saucenao] [google]
6436760 No.6436760 [Reply] [Original]

How is this thing called? Like, "the plateau of death"? It's not the first time I'm seeing it.

>> No.6436916

Stop fear mongering and buy more. You're going to personally crash the market if you keep this up.

>> No.6436973
File: 47 KB, 960x644, 1515373325009.jpg [View same] [iqdb] [saucenao] [google]
6436973

Kek. Please crash and burn. The entire industry and this board needs cleansing by fire. When I see /b/ fags hanging from their ceilings and normies living in tent cities then I know it will be time to buy the dip.

>> No.6436984

>>6436760
Spinning tops kinda

>> No.6436986

its called testing resitance

>> No.6437511

>>6436986
This, but it doesn't necessarily tell you which way it will break. Generally if it entered the plateau going down, it will go down, and vice versa. If it is plateaued for a long period, it could go either way.

>> No.6437566
File: 1.93 MB, 235x240, mfw.gif [View same] [iqdb] [saucenao] [google]
6437566

>>6436973
yes. it all comes down.

>> No.6437638

>>6436973
I just wish that we could actually discuss stocks from time to time... but most on /biz/ are just a bunch of crypto neets sitting around and lying about their "blockfolios.

>> No.6438008

>>6437638

what are you buying in the traditional space right now? you have fear bond bull market is over? are you on the commoddities hype train??

>> No.6438051
File: 277 KB, 550x550, 1512936564115.gif [View same] [iqdb] [saucenao] [google]
6438051

Plateaus represent incoming action, not necessarily just down

>> No.6438183

That pattern is neutral; maybe up, maybe down, maybe flat. Usually what i will do in this scenario is set a stop loss 10% below the flat pattern and wait. If it breaks up, i move stop loss, if down the stop loss will trigger and i'll wait for a lower entry point or switch to a different coin/stock that is in good entry position.

>> No.6438304

>>6436760
what coin is this? this is called the "brim of the soup plate" and announce after a bowl like dip an incredible upward movement that resembles a soup spoon...

>> No.6438383

>>6437638
Are you a boomer or just retarded? I know it's hard for you to imagine that neets are making more money than you and refuse to touch stocks, but it's true. Have fun with your 10% annual gains.