$Velodyne Lidar (VLDR.US)$ The 10-day moving average Ma10: $...
$Velodyne Lidar (VLDR.US)$ The 10-day moving average Ma10: $6.47 is just at the support level. Take the opportunity to sell at a high price. If you are trapped above $6, stop loss first, because it is a long-term downward trend, it will definitely fall to the vicinity of Ma5 around $4.78 or even lower. Sell high and buy low, gradually buy back around $6 and $4, better than holding all the time. Wait for Ma5 to turn upwards to indicate that the strong trend is ready to change upwards, and it needs continuous increase in volume. Only when there is capital entering to support the stock price and it no longer falls can we say that the downward trend has changed. Otherwise, take advantage of the bullish news this time to sell high and continue to find support and build a bottom.
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Long way : It's already five bucks before the market, haha