Technical Education: Why Stock Basing Matters with NFLX, BYND, VRTX
Technical Education: Why Stock Basing Matters with NFLX, BYND, VRTX
Technical Education: Why Stock Basing Matters with NFLX, BYND, VRTX
What is basing and why is it important before you buy a stock? These are the questions that are answered in this episode.
Brief: The reason basing is important is because a stock needs to change hands. This changing of hands have the people who are not patient with the stock or want to take profit sell to the people who are willing to hold it longer.
When using technical analysis for basing one can look for a flat base that is about 10-15% from the highest to the lowest or a consolidation, which is greater than 15%.
Below are the stock analysis for the week:
NFLX
https://www.tradingview.com/chart/NFLX/Gl6VhkMH-NFLX-buy-at-549-14-with-profit-taking-at-719-21/
BYND
https://www.tradingview.com/chart/BYND/wXv0jcYO-BYND-Buy-at-142-61-with-profit-target-at-208-95/
VRTX
https://www.tradingview.com/chart/VRTX/LDvuNEDP-VRTX-Buy-at-285-67-with-profit-taking-at-382-73/
From The Podcast
Stocks Over Coffee
This is a personal strategy of how I trade while having a full time career. It goes from how to get started, analyzing your emotions, and maybe integrating my strategies into your trading personality. The goal of this is to bring value on how you can trade stocks as a side business and one day you might even turn it in a income generating business. This might even turn into a love. This will be a weekly update. Lean in to strategies and conversations. Like the episodes? Support here: https://www.patreon.com/SoCoffee View Here: https://www.tradingview.com/u/HaleyZhao/#published-chartsJoin Podchaser to...
- Rate podcasts and episodes
- Follow podcasts and creators
- Create podcast and episode lists
- & much more
Episode Tags
Claim and edit this page to your liking.
Unlock more with Podchaser Pro
- Audience Insights
- Contact Information
- Demographics
- Charts
- Sponsor History
- and More!
- Account
- Register
- Log In
- Find Friends
- Resources
- Help Center
- Blog
- API
Podchaser is the ultimate destination for podcast data, search, and discovery. Learn More
- © 2024 Podchaser, Inc.
- Privacy Policy
- Terms of Service
- Contact Us