Julius Lim
commented on a stock · Oct 1, 2021 09:02
$Apple (AAPL.US)$ seriously with all the positive sales, how...
$Apple (AAPL.US)$ seriously with all the positive sales, how can the stock price keep dropping
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EstherN : Want to ask the same question
Julius Lim OP EstherN : Must be all the short term sellers
GM 1 : Same goes for Tesla
Julius Lim OP GM 1 : Well If we are long term investors then have to hold no matter what
GM 1 : I actually scalp Tesla On a daily basis but I only sell when it gAps up. Hold when I have no choice
Qwinbie : The prices before it dropped had already reflected the expectation on the sales that is performing well.
Earlier traders who bought It before the current positive sales is cashing out now.
Qwinbie Julius Lim OP : - volatility is unavoidable no matter which stock you pick. I like you vision of long term. Definitely, we are sure the longer it goes the higher it will soar. Now is just a hiccup!
Cheers!
Julius Lim OP Qwinbie : Cheers! Just have to tell myself mentally that all of these is just a temporary drop and hold onto the stocks, and buy more to dollar cost avg
Qwinbie Julius Lim OP : Dollar cost average is a good strategy but do consider choosing the more premium stocks. The theory is very simple look at the price trend graph it should be moving up along the time horizon!
Good luck!
Julius Lim OP Qwinbie : Yup I tend to go for stocks of fundamentally sound companies :)