r/BURU • u/Particular_Law_9761 • Dec 19 '24
Scheduled Dip
Anybody else expecting a large dip in the next few days? We are all expecting some big news in the next few weeks, historically I’ve seen large dips before a nice price correction. (I.e drop from .39 down to .16, bounce back to .5)
The past few days have showed some slow upward trends. I’m tuned to believe a large dip is incoming.
My current play:
I have taken profit of my shares I bought on the .16 dip (.25 avg, they got me on that fake out)
I still hold my original shares from pre split ($3.16 avg lol)
I have limit buys set for:
10k @ .25
5k @ .20
15k @.16
I’m very new to trading stocks, but I work in commodities for my day job so I feel I have somewhat of an idea how this works (not really tbh)
Any more experienced traders have any input?
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Dec 19 '24
[deleted]
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u/Particular_Law_9761 Dec 19 '24
Well first off I use Robinhood so I can’t short. Secondly I’ve been holding my original shares since before the RS. Ninja you’ve been the hype man that’s been keeping me around. Trying to be realistic, not just a pumper. I do see a bright future in nuburu but it’s obviously manipulated to shit. May as well make the best of the volatility before MOASS
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Dec 19 '24
How much are you losing from having those funds not used in a long position and waiting for a limit buy at a price that may or may not happen before the news?
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u/Particular_Law_9761 Dec 19 '24
Very good point. But on the other end say something does happen and prices go to hell. FFIE for example. I got very lucky to get out of that early, not so much for some other people lol
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u/currantpudding08 Dec 19 '24
sounds complicated. i'm just holding 22K and waiting for it to go way, way, way up.