Sunday, August 23, 2020

Technical Analysis: Why Investors Should Sell Into Strength And Lock In Profits

 Here is the link. 

Knowing the ideal time to sell a stock is just as important as knowing the ideal time to buy. Locking in profits when you have a big gain is a sound strategy, and Cisco is now in a profit-taking zone. Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. Learn more. Get more IBD:

Comment:

She is merely repeating and emphasizing the advice of the highly-venerated (and successful) investor William J. O'Neil. He has "been around" since 1933; hopefully, that's long enough for you. Most successful investors share investment advice that is pretty simple and straightforward; most retail investors seem to ignore it in part or in full, for a variety of reasons. That doesn't mean the advice isn't good.

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