I do a combination of a drop in price of at least 10% and RSI to approach 30 to gain confidence that the drop in price is due to over selling and it has become a possibly good price for me enter or add my position. I will be even more convinced if the price has pulled back to the 10 day or even 30-day moving average.
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If a Stock Is Too Strong, What Signals Tell You It’s Safe to Enter?
As US stocks keep hitting new highs, do you often encounter this situation: a stock has solid fundamentals and beats earnings expectations, but there’s just no good entry point? Then when it finally dips, you're afraid of catching a falling knife and don’t dare to buy?So how exactly should we choose our entry point?
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