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Consider the following chart where you bought the following stock upon hearing a recommendation from somewhere at price A for a target of price B.
After you have made an entry at level A, your stock price rises and you feel great that you are making money. You feel confident that you have picked a winner. However, your stock, after reaching a peak begins to fall. Your confidence suddenly turns into doubt. One side tells you that your stock will recover and go ahead to meet its target, while another side wants you to sell and make a profit. The fact is that you cannot take the best decision unless you have studied the technicals of the chart. If you chose to hold on, the stock may fall below your buy price pushing you into a loss. If you choose to sell, the stock may go on to meet its original target. How do you decide what is the best thing to do ? At Technicalwealth.com, we have the following two services that can help you in similar situations:
- Query A Stock - You can send us a query about what to do when your stock starts falling after showing a initial rise
- Track Your Stock - Using this service, you can ask us to track your stock for the next 30 calendar days. We will inform you when a clear sell signal (point C) becomes visible on the charts and indicators, and we will also inform you if any re-entry signal becomes visible by the charts and indicators .
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