It all depends on a few things. Are you up on the stock or do you have a loss? If you are down 7-8% on it, you should've already sold. Anyway, NWK may possibly bounce off its 20 day MA. I would sell it if it doesn't improve by Monday. There are other stocks out there with more attractive set ups than NWK.
No, i'm up comfortably on the stock. It's been doing very well, it was just odd to see it fall that far in a single day. I'm hesitant about leaving it because it's the only stock that I've profited on since July. But of course I'll leave if it doesn't bounce back soon.
One of the hardest things is exiting or selling a good position. Unfortunatly, it is the only way that one can recieve their profit from the stock. Just keep an eye on it (protect your profits) and see how it acts tomorrow.
What do you think of NWK's sudden fall on friday? It had been doing so well that a pullback was inevitable, but 4.5%?
ReplyDeleteShould I be looking to adding to this stock, or preparing for a possible sell?
Mateo,
ReplyDeleteIt all depends on a few things. Are you up on the stock or do you have a loss? If you are down 7-8% on it, you should've already sold. Anyway, NWK may possibly bounce off its 20 day MA. I would sell it if it doesn't improve by Monday. There are other stocks out there with more attractive set ups than NWK.
No, i'm up comfortably on the stock. It's been doing very well, it was just odd to see it fall that far in a single day. I'm hesitant about leaving it because it's the only stock that I've profited on since July. But of course I'll leave if it doesn't bounce back soon.
ReplyDeleteMateo,
ReplyDeleteOne of the hardest things is exiting or selling a good position. Unfortunatly, it is the only way that one can recieve their profit from the stock. Just keep an eye on it (protect your profits) and see how it acts tomorrow.