BEFORE YOU BUY ANY MAJOR TOPS: Here's Why You SHOULD Think Again

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2 years ago
4

Quote straight from the book Chart Patterns by Bruce M Kamich.
"The top is not necessarily the highest price level reached by a security but actually a process in which ownership of a company's shares shifts from strong hands or owners to weak hands."

What does this tell us about investing into a company that is at a top? Are these possibly points of interest where big players are likely to take profits offloading shares to the common people while they pick them back up on the way down?

Food for thought when you think you are about to FOMO!

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