News based or negative Breakout? Hold or Sell?

2021년 8월 20일

The metals sector was down today due to a news regarding China's cut down. But Jindal Steel and Power fell below a strong support today. The stock price is currently stopped at 0.618 Fib level (drawn from previous low-high). Should investors hold or sell to take losses?


*New to the trading. Any pointers, advises and resource recommendations are welcome.