For Facebook, my next step would be to hold on to the investment. I want to make Facebook a long term investment as the company stock has been steadily increasing and I believe the bullish nature that is occurring is not just a phase. In fact, i hope to pick up a few more stocks if the price drops and becomes undervalued again. However, if the stock begins to have irregular movement and fall below the 200 day MA, I will re-evaluate the situation and potentially sale. As it stands, Apple is a big loser right now. I have 2 courses of action for this stock. I will buy some shares into the company if it continues to drop as it would become extremely undervalued and can result in future gains. However, if the stock begins to raise, I will sell my stocks as soon as possible to decrease the chance of losing out in more money. As it stands, Apple hasn’t responded to its consumers requests and a bearish period seems to be the most …show more content…
I would sell the stock as soon as possible. The company on a whole is declining and has been for a while. I lost only around $0.23 per stock and pulling out now would not result in a significant loss. This is a stock which I am not too sure about. Though the stock itself is in a bearish period, the overall company has been improving. I would keep a close eye on this stock as a purchase while it’s low in price could yield big profit. In around 2 weeks time, if the stock is still bearish while RSI is 30 and Bollinger bands are moving to become neutralized or up, I will purchase more stocks. If the technical indicators do not hold up, I will sale the stock to prevent any losses.
This stock has been decreasing in the past month and has fallen below my purchase price. I would sell the stock as soon as possible to decrease the money lost. The company is suffering and despite all the investors pulling out, the PSI is not even at 30. This stock is going to be bearish for a long