$ALPINE Chip chart lights up red, the main force is about to run away, we need to be careful!!🔥🔥
Family, today we won't use those grand words, let's talk about what Alpine has been up to recently!
Previously, when Alpine's stock price was low, many people bought in and made money, but now, those who made money are slowly selling their stocks to those who are chasing high prices. This is called "profit-taking at low positions being transferred upwards"!
In simple terms, it means the main force is quietly unloading, passing the hot potato to us retail investors, and when the main force has sold enough, there will be no one to support the market, and the stock price will definitely not hold up and will have to drop.
Moreover, there are more and more people buying stocks at high prices, and everyone's average cost has increased, which means that those who want to enter the market later will see how expensive it is and will not dare to buy. With no buyers and only sellers, the stock price can only go down, right?
At this point, someone might ask what to do!
- Simple! The current situation is a signal that the main force is about to run away, and the stock price is about to turn down. You might consider finding a high point to open a short position and let it drop!
In short, remember one thing: the main force is running, we must run too, or at least not chase high prices! Protecting our capital is the most important thing!🤝👊