$NVIDIA Corp(NVDA)$Typically a growth stock with high potential future earnings will drop twice, thrice or even more than the major stock indices in a bear market. * A bear market being a broad stock market indices falling more than 20% from a previous high. Things we can do during a bear market would be:1. Lower risk tolerance levels, take profits whenever possible2. Dollar cost average stocks with healthy financials, buying on various dips3. Always justify your risk with a reward ratio such as 2:14. Only take high probability trades i.e. buying on support, selling before resistance5. Study and analyse upcoming market trend, understand about macroeconomics and how the economy is doing in general6. Keep a trading and profitability journa
$Alibaba(BABA)$Trading plan for BABA for the next few weeks. Long at $113.92, take profit at $136.73.Duration: ~4 weeksDisclaimer: not a financial advice
$Block(SQ)$Buying and selling psychology is very important when it comes to trading. What most people think when it comes to investment or trading is that the stock will bounce from the ocean to the sky in a short time frame. Even worse, it may even sink deeper into the ocean. I've made the same mistake before, and I've learnt to be better. What a lot of people should know are stocks moves in a wave pattern, when it goes up too fast, it willdefinitely come back down (pullback) and move back up (granted if it has great financials and a goodbusiness model).For people with great risk management skills, they will have a stop loss to mitigate these risks, and they can still get back into the stock at a lower pricethan before. For
$Block(SQ)$Seems to have a huge support over at$100. However if it goes below that, it might hit $87.31. If not, it might hit $130.47 first before headingdown.Let's wait and see. Duration: 4-6 weeks
$PayPal(PYPL)$If you're thinking of catching a fallknife, take profit/cut loss at $140.15.I will personally offload shares @ $139.88 (1 cent below gap down open)Disclaimer: not a financial advice
$Spotify Technology S.A.(SPOT)$Upcoming week trading plan, long at $168.73. Profit target at $190.57. Duration: ~4 weeksDisclaimer: not a financial advice.
$Invesco QQQ Trust(QQQ)$Fantastic earnings from almost all of the tech giants, congratulations to all that managed to pick up some more shares at alow in the past week. During volatile times like this, always make sure your risk reward ratio for shares you buy are adjustedfrequently. Risk reward ratios are best when purchasing stocks at the bottom, the only caveat is you have to buyshares that have great fundamentals so that they can bounce back at a fast pace than the others.Always screen for winners with great fundamentalswhen the market is going through a correction. Great fundamentals are stocks with:1. High Relative Strength Rating >85 (not RSI but RS rating)2. High EPS Rating >853. High Sales, Profit Margin, & ROE Rating&n