JSWSTEEL An Introduction to Price Action Trading Strategies helps for long-term investing as well. Here in this example of JSW steel,where would be better off selling in price action strength when stock price jump usually at a higher level
The first thing I do is look at the chart and see if it has any apparent patterns. If not, then I will look at the volume profile.
This tells me whether the stock is driven by fundamental news or technical factors.
Exiting would have saved you 17 months of underperformance and also testing your patience.
Learn the Opportunity cost your money
disc: Never invested , no intention at the moment. Sharing knowledge that
Not
Consolidated for a long time - time correction is also important. tracking still
disc: no investment
Not
Keep a close watch , JP Morgan report today - JSW Steel is leader in same disc: no investment as yet
Join me on Twitter @bhatiashivendra to stay updated on my thoughts and insights on stocks, financial assets, and markets. I focus on research-based analysis and avoid hype. As an experienced investor in a diverse range of assets, I invite you to conduct
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Join me on Twitter @bhatiashivendra to stay updated on my thoughts and insights on stocks, financial assets, and markets. I focus on research-based analysis and avoid hype. As an experienced investor in a diverse range of assets, I invite you to conduct
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.