Jul. 24 at 3:10 PM
$THC
You could freak out about stocks like these. There's a lot of evidence for an uptrend. Analysts, numbers, etc., but just not the short-term chart. In the market environment, 9 out of 10 stocks are going up, and you seize the opportunity, and then they just keep going down. It's nerve-wracking, especially when the alternative candidates are up. The stock is just waiting for you to get out of it completely frustrated with losses, so you can then go up.
If you want to avoid that, wait for a sustained trend reversal at
$160.