AVGO: Timing Sale of a Top Growth stock.
@JC888：
Stock Market Paradox. I came across this post that I feel its timely to share, given that the US market has started going “crazy” post US presidential election on Wed, 06 Nov 2024. Repost to share so that more will come to know... One of the stock market's paradoxes is - what seems too high goes higher and what seems too low goes lower. However, there is a limit. Nothing goes up forever, not even the best growth stocks. Every experienced stock investor knows that at some point, what seems too high in price is in fact too high. How does one objectively measure how high is too high ? The 200-day Method. One way is to calculate the distance from the 200-day moving average (ma) to the stock's current price on a daily chart. If the price is more than 70% to 100% above that level, maybe it