Probably one of the few opportunities to enter this paper, which has been growing continuously since 1998. Pays 2% of dividends, not much, but they are constantly increasing. Now a large triangle has been formed, its breakdown and retest has occurred (see the yellow circle). The goal is indicated on the graph. I recommend leaving the paper in the medium term (2-5 years) and even in the long term (5 years and longer)
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Here, as with $ LITE, average calmly, like a fall / rise on a report - a commonplace concept in the market. Calmly average and remember - a bear trap, that is, the price falling below the support level is the best indicator of the future growth of the security.
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I placed a limit order at the level of 45 - if it is reached, I will buy a position in order to average
Any new thoughts on this chart after earnings have came out, and the stock has broken below the ascending triangle support line?
nur16i
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@chrisancius20,
Here, as with $ LITE, average calmly, like a fall / rise on a report - a commonplace concept in the market. Learn not to panic over such trifles, otherwise you need to leave here and do something else.
chrisancius20
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@nur16i, I have been long the stock for the last 5 years and do not plan to sell. I am just learning this whole swing trading deal, and am interested to get your take on the short term for the stock. I am not sure at what to look at.
nur16i
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@chrisancius20, You need to look at technical analysis, now fundamental analysis practically does not work. Take the patterns and try to trade - however, strictly observe risk management. Nobody will tell you what will happen to the market tomorrow - just look at the patterns. Good luck.