To me, it is all about discipline. It doesn't matter if a stock follows a certain pattern, because often the same pattern doesn't work the next time. When it doesn't work, I cut my loss. When it does work, I make good profit. Many people put too much effort into patterns, and too underestimate...
Overvalued or buy rating are purely an opinion, nobody can really predict the stock price with 100% accuracy for the short term. People make money trading because of discipline and strategies, not because they are right every time. One analysts can say the stock is overvalue while another can...
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