Nvidia, Meta Platforms, Microsoft, and Amazon.com under pressure in market uptrend.

From Investor’s Business Daily: 2024-04-15 15:52:00

The market uptrend is pressuring top stocks like Nvidia, Meta Platforms, Microsoft, and Amazon.com, although their uptrends remain intact. Investors should follow time-tested rules on when to sell to protect profits. Nvidia has just completed a new flat base with a 974 buy point. Market exposure levels have also been reduced due to recent declines, with the Nasdaq slipping below key benchmarks. Google is testing support at its 153.78 buy point, while Tesla remains below its 10-week moving average. To decide when to sell stocks, stay grounded and follow these 8 key principles. Selling at the right time is crucial to safeguard profits and minimize losses. Have a plan in place before buying, and stay focused on the stock chart and key technical indicators. Don’t let emotions cloud your judgment, and remember to sell your losers first. By following these guidelines, investors can stay profitable and protected in uncertain market conditions.



Read more at Investor’s Business Daily: When To Sell Stocks: Nvidia Reveals 8 ‘Secrets’ And No. 2 Is Key.