Staying nimble amidst volatility
It was a holiday for the US markets yesterday and much that needs to be said about the Nasdaq has been mentioned in the previous article.
It will be interesting to see how the market responds after a strong rally the past three days. 12000 must hold before a credible push past 12600 can take hold. If the 12000 objective does not hold, the Nasdaq might attempt another leg down to test the 11000 level.
As alluded previously, the key to navigating the volatile markets now is to select the real gems from the rubble and to position for the long term. This of course is not meant for traderswho prefer to swing trade but meant for long term investors who have a long term view and are prepared to hold for at least 3 years.
There are a few stocks on my watchlist, someof which are already in portfolio and to share some of them are names such as $Teladoc Health Inc.(TDOC)$, $Zoom(ZM)$and $NIO Inc.(NIO)$.
I believe these stocks have great potential andoffer great risk reward but please do your owndue diligence.
Stay safe 😊
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Tough call... Think will slide dwn owing that Ukraine seems to be losing foothold of eastern region.
Up! UP❗️