Please note that the following analysis and recommendations are for illustrative purposes only and should not be considered as financial advice. It is important to conduct your own thorough analysis and consult with a qualified financial advisor before making any investment decisions. The stock market is highly unpredictable, and past performance is not indicative of future results.
Based on the analysis of the monthly chart, it appears that the stock in question has shown a historical pattern of corrections followed by a price fall of 15-36% from its all-time high. This information suggests a potential buying opportunity.
Buying Strategy:
Consider adding stock to your portfolio when it experiences a 15% decline from its all-time high. Allocate your first installment of funds at this point.
If the stock continues to decline and reaches a 20% decline from the all-time high, consider adding a second installment of funds.
If the stock experiences a further decline of 30% from the all-time high, consider adding a third installment of funds, doubling the amount of the first two installments.
Selling Strategy:
When the stock achieves a 100% gain from your initial purchase price, consider selling 50% of your holdings. Retain the remaining 50% for potential future gains.
If the stock meets the buy condition again, you may consider adding more shares to your portfolio.
Stop-loss:
It is important to note that this approach does not utilize a stop-loss strategy. A stop-loss order can help limit potential losses if the stock experiences a significant decline. Consider implementing a stop-loss strategy based on your risk tolerance and overall investment approach.
Future Considerations:
LONG TERM 10-15 YEARS (it's like buying a shop/land/house for the future)
It seems that you view this stock as a long-term investment, potentially for retirement or wealth creation. Keep in mind that long-term investments require careful monitoring and periodic adjustments to align with your financial goals and market conditions.
Declaration:
The analysis and recommendations provided are solely for informational purposes and reflect my own ideas. They do not constitute professional analysis or recommendations to buy or sell any stocks. It is crucial to perform your own analysis and consult with professionals before making any investment decisions. I am not liable for any financial losses or consequences resulting from the implementation of these ideas.
plz comment about my idea ?
Based on the analysis of the monthly chart, it appears that the stock in question has shown a historical pattern of corrections followed by a price fall of 15-36% from its all-time high. This information suggests a potential buying opportunity.
Buying Strategy:
Consider adding stock to your portfolio when it experiences a 15% decline from its all-time high. Allocate your first installment of funds at this point.
If the stock continues to decline and reaches a 20% decline from the all-time high, consider adding a second installment of funds.
If the stock experiences a further decline of 30% from the all-time high, consider adding a third installment of funds, doubling the amount of the first two installments.
Selling Strategy:
When the stock achieves a 100% gain from your initial purchase price, consider selling 50% of your holdings. Retain the remaining 50% for potential future gains.
If the stock meets the buy condition again, you may consider adding more shares to your portfolio.
Stop-loss:
It is important to note that this approach does not utilize a stop-loss strategy. A stop-loss order can help limit potential losses if the stock experiences a significant decline. Consider implementing a stop-loss strategy based on your risk tolerance and overall investment approach.
Future Considerations:
LONG TERM 10-15 YEARS (it's like buying a shop/land/house for the future)
It seems that you view this stock as a long-term investment, potentially for retirement or wealth creation. Keep in mind that long-term investments require careful monitoring and periodic adjustments to align with your financial goals and market conditions.
Declaration:
The analysis and recommendations provided are solely for informational purposes and reflect my own ideas. They do not constitute professional analysis or recommendations to buy or sell any stocks. It is crucial to perform your own analysis and consult with professionals before making any investment decisions. I am not liable for any financial losses or consequences resulting from the implementation of these ideas.
plz comment about my idea ?