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52-week High and Low investment strategy
By Theory of Constraints  •  November 13, 2019
As a pure investor, I am “not bounded” to any of the stock counters that I am vested in nor intending to invest in. I don’t buy stock because I like the brand, the products or services, the industry etc. No sentiments, no brand loyalty, no hard feelings. I invest in them because they were low price or under-valued as opposed to potential future value at that point in time. While there are many variables to consider when making the right trade, one of my favourites is the 52-week High/Low. Simply put, the 52-week High/Low is the highest and lowest price the stock has traded from the previous year till to date. For me, its importance lies in the determination of current value and prediction of future price movement. The 52-week High typically represents a resistance level while the 52-week Low a support level. Investing on Breakouts  ...
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By Theory of Constraints
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