Investing should not rely on gut feelings or hype. To consistently find high-quality setups, you need to combine both fundamental and technical analysis. If you are evaluating a new stock, here are three essential metrics you must understand: ๐ P/E Ratio (Price-to-Earnings): This is a fundamental metric that compares a company's current share price to its per-share earnings. A high P/E might mean a stock is overvalued (or that the market expects massive growth), while a low P/E often indicates an undervalued "value" play. ๐ RSI (Relative Strength Index): This is a technical momentum indicator measuring the speed of price movements from 0 to 100. Generally, an asset is considered "overbought" (due for a pullback) above 70 and "oversold" (due for a bounce) below 30. ๐ Trading Volume: Price movements mean very little without volume backing them up. High trading volume during a breakout confirms strong market conviction, while a sudden price jump on low volume is often a trap. Read the full breakdown.๐ค#tradingtechnique
$DEXE do you think this project can get back to its ATH? Personally, I donโt think so, but it could still make some interesting moves. It has liquidated me so many times that even Iโm scared to take a buy or sell position on DEXE ๐ Anyway guys, be very careful โ ๏ธ #TradingCommunity $AAPLB
$DEXE do you think this project can get back to its ATH? Personally, I donโt think so, but it could still make some interesting moves. It has liquidated me so many times that even Iโm scared to take a buy or sell position on DEXE ๐ Anyway guys, be very careful โ ๏ธ #TradingCommunity $AAPLB