Snowman has been range bound between 25 and 70 since 6 years now. In near term it seems to be in a corrective mode, and we need to see when correction gets over. Current price is 50, and 30 WEMA which is rising is at 46. I would consider it once it crosses important resistance level of 70.
@A_shah Selling aspects have been discussed in the past on this very thread. In case of market meltdowns, if its possible to sell off in the initial phase, even if it entails booking losses, it is helpful. But it requires a strong mindset to book losses.
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