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re: Stocks on your watch list

Posted on 2/2/21 at 9:25 am to
Posted by Cornelius
1800s
Member since Aug 2012
1047 posts
Posted on 2/2/21 at 9:25 am to
quote:

this is a bull market
once you find winners they must be fed

Is there a certain % pullback that you look for before adding to an existing position?

Looking at some of my growth winners, buying on pullbacks to the 50 day MA or even 5% below, would have been great opportunities.
Posted by cgrand
HAMMOND
Member since Oct 2009
38957 posts
Posted on 2/2/21 at 9:39 am to
quote:


Looking at some of my growth winners, buying on pullbacks to the 50 day MA or even 5% below, would have been great opportunities.

the 50-day is a widely accepted buy signal for an otherwise growing company, and easy to set an alert for.

its crucial to learn the unique trading patterns of the stocks you want to hold and add to though, so you can set your own custom alerts
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