Thought this was interesting, both in the context of some recent declines some favorite stocks of this board have seen. It also speaks to the recent post about hedge fund underperformance as well. Good for perspective as you plan your next move
Crossing the 200dma is a popular trigger, but I have also seen plenty of situations where a stock dipped below it and then shot up again, so that by the time one got a buy signal again, it was past the point where one had sold it.
That’s almost exactly where I sold. Interesting. I sold because I thought it had lost way to much to be “nothing”.