$LW, possible reversal?
Updated
As of April 2024, market seem to be moving forward for a correction after the bullish uptrend for a couple of months.
Needless to say, if you are holding on to some stocks, you are likely to experience some drawbacks at this moment of time. Yes, I am currently holding a couples such as
AMZN, 
GOOG, 
ADBE, 
UNH etc.
ADBE and UNH are currently giving me some headache due to their drawdowns but after some analyzing, I decided to hold it for a longer period of time. More on that on future posts.
As of now, let's take a look at
LW, which is having a drawdown as well. I am entering this stock now due to a possible uptrend reversal.
Let me know what do you think.
Needless to say, if you are holding on to some stocks, you are likely to experience some drawbacks at this moment of time. Yes, I am currently holding a couples such as
AMZN, GOOG, ADBE, UNH etc.ADBE and UNH are currently giving me some headache due to their drawdowns but after some analyzing, I decided to hold it for a longer period of time. More on that on future posts.As of now, let's take a look at
LW, which is having a drawdown as well. I am entering this stock now due to a possible uptrend reversal. Let me know what do you think.
Trade closed: target reached
Work out great so far. No plan to hold it for the long term hence I have sold my position after the trade hit my profit target. Remember to play the game for the long term, hence knowing when to exit is important.
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