🤦🧪📉 Example JSW Steel - Selling on Strength Helps

9 ott 2022

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

20 feb

Nota

Consolidated for a long time - time correction is also important.

tracking still

disc: no investment

7 mar

Nota

Keep a close watch , JP Morgan report today - JSW Steel is leader in same

disc: no investment as yet