Article discusses strategies for selling stocks using base structure height and Fibonacci extensions for better results
From Nasdaq
October 1, 2024 3:15 pm:
Selling Stocks is Tougher Than Buying
New investors often focus on buying hot stocks but struggle with selling due to psychology, lack of strategy, and all-or-none mindset. Strategies like base structure height and Fibonacci extensions can help guide the selling process for better results.
Base Structure Height Strategy
Using Nvidia’s base structure as an example, investors can calculate a price target by subtracting the low from the high of the base and adding the difference to the high. This method can help set realistic targets for selling stocks.
How to Use Fibonacci Extensions
Fibonacci extensions provide flexible target levels for selling stocks, reacting to key Fib levels. By scaling out of positions strategically using Fibonacci levels, investors can maximize profits and minimize losses in their trades.
Infrastructure Stock Boom to Sweep America
A significant infrastructure push in the U.S. is imminent, with massive spending on construction and repairs. Investors can capitalize on this trend by identifying stocks poised to benefit from the infrastructure boom, leading to potential fortunes in the market.
Read more at Nasdaq: Offensive Selling: How to Set Targets and Profit Using Fib Extensions