dailytradingupdate

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:
👉 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.
👉 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.
👉 Trading Volume: Price movements mean very little without volume backing them up.
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