Buying into Discounts
As many Moo-ers are probably facing a red portfolio like mine ![]()
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, I always take time out to assess the fundamentals of each stock which hasn’t changed despite the change in prices,
As we see a lot of profit taking in technology sector, I look to buy in at key support levels. My go-to indicators would be RSI. Bollinger Band as well as Fibonacci to gauge oversold and would be more focused on daily chart so as not to be tempted to sell at a loss and buy at a high. ![]()
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I also recommend diversifying portfolio.![]()
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Think Basic Materials market is relatively well in this drawdown. ![]()
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I also recommend diversifying portfolio.
the time to buy is when there's blood in the streets.![]()
- Baron Rothschild
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NANA123 : the same portfolio