If a stock is still in portfolio, despite going down in recent weeks or months, can be because before going down , it was in a very high upward journey, so that upward momentum is averaging out and giving it a place in portfolio. Just like due to past karma, somebody gets a good position. But it may be a start of its downward journey, and we dont want to be a part of that journey…that was my take actually. But offcourse , we cant be sure that its in a permanent downward journey or a temporary setback…
Subscribe To Our Free Newsletter |