When to buy and sell a stock

Do this to be profitable

Darold Trinh
July 09, 2024

Welcome To The Long Wealth Newsletter (July 9th). (est. 4 min read)

In today’s newsletter we will go over:

If you’re struggling when to “buy or sell a stock”.

Fibonacci Retracements are your best friend.

It helps predict how far a price might "pull back" after a big move.

Then shows you the important percentage levels (23.6%, 38.2%, 50%, 61.8%, 78.6%).

These levels often act as floors or ceilings for price.

Enjoy

I know “Technical Analysis” can be quite scary for complete beginners.

But it’s because so many gurus out their overcomplicate it.

Some saying you need to use thousands of indicators.

The reality is it doesn’t have to be complicated nor do you need thousands of indicators.

But you do need to understand the fundamentals of it to be successful in the stock market.

Here’s what I would do to master technical analysis in the next week.

If you can do these three, you will be able to consistently make money in the stock market.

Enjoy

Darold Trinh

Long Wealth Newsletter

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