“Buy Low, Sell High” to make profit…. Everyone knows this. But how high is high? How low is low? The question is translated to: “when should I buy?” or “when should I sell?”
With the recent market’s rout, did you manage to sell your position? Or at least, cut loss at 5% or 10%, or did you even have the courage to cut lost? Or just, pray and hope that the price will go back up again?
In this article, I will share a simple and intriguing method to “predict” the price top, so that you don’t have to suffer a big loss, or even bought at the top of the price. I call this ABC Wave Pattern.
In this article, I assume you have a fair knowledge and understanding on the fundamental analysis of the company, such as their Debt/Asset Ratio, Profit Margins, Dividend Yield, etc. This ......