Is it really a Cup and Handle pattern? CCCIV can go ahead and hit $22 real quick.
I've heard a trader say that you should not put STOP LOSS. Quote: "Don't let big money steal your shares. Get in, and then set a buy order in the event of a nice dip. Don't get caught in a stop-loss raid. Newbies-google it if you don't know what it is. Retail: you are riding with big boys now. A buy under $30 is a win, selling before $60 is a sin."
What's your opinion on this?
Your comments are welcome.
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Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.