📈 When to Buy
1. Market Corrections and Undervalued Stocks:
Purchasing quality stocks during market downturns can be advantageous. Historically, the S&P 500 has averaged a 14% return in the year following a 10% market dip, provided there's no recession.
2. Positive Technical Indicators:
Stocks trading above their 200-day moving average often indicate an upward trend. Conversely, a drop below this average may signal a downturn.
3. Fundamental Strength:
Consider buying stocks of companies with strong financials, especially if they've been undervalued due to broader market declines.
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📉 When to Sell
1. Reaching Price Targets:
If a stock hits your predetermined price target, it might be time to sell and realize gains.
2. Changes in Company Fundamentals:
Sell if there's a significant shift in a company's business outlook, such as declining earnings or increased competition.
3. Portfolio Rebalancing:
Regularly adjust your portfolio to maintain your desired asset allocation, especially if certain investments have grown disproportionately. #BinanceTGEAlayaAI #BinanceAlphaPoints