I dont have any knowledge about technical analysis. I just hold on stocks until fundaments are severely impacted.
I dont sell for minor hiccups. I think mold tek has stagnant growth since 3 yrs. That meight be reason for this stock price.However ,i see this as opportunity to add.
As per book 100 baggers, we have to differentiate company’s SHORT TERM EARNING FLUCTUATIONS from LONG TERM EARNING POWER.
I meight be wrong about analysis of stock .As i want to stay invested in stock for 5-10 yrs or more, i always diversify in 15-20 stocks
I know, few stocks will not perform well in future, but 2-3 stocks out of 10 may give multibagger return.
When stock will rise?
Which stock (from my portfolio) will rise?
-I dont know.
So i just hold them and buy whenever they are in consolidation phase or their stock price falls.
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