Greece’s mortgage debt issues and the European crisis were still overwhelming the world stocks, over the past 2 weeks. The negative outlook has already annoyed the investors. But the Thursday's sell-off, where the DOW (DJIA) was seen down for nearly 1000 points, were beyond investors expectation.
We, as one of the participants in stocks also annoyed and feel traumatic with this situation. As long investors we think that the stock trading, seemingly not the right place to join with. Sometimes it comes to our mind, it's better to shift our portfolio to safe business opportunities. But, that is the beauty of the stock market, and it’s dominant in the business arena. Only a few is ready to leave. They still wanted to stick in stocks, no matter how bad the situation is!
For the hardcore, how to begin when the stocks are under turmoil? List 5 or 10 stocks that were lazy to move up or down for the last of 3 weeks ago. According to your priority, choose any stock to analyze. Jot down the closing price for the previous 3 weeks ago, and calculate the 10 days average for within 3 weeks trading session. To make it simpler, look at the example below. I’ll take Encorp(6076) at a glance.
Added the closing price for 10 days trading session and divided by 10. Continue to calculate for the next continuous 10 days trading session, until the calculation is done till May the 7th. The pattern should looks as shown
This is my point of view, sometimes the pattern changes due to the market sentiment. Have a good day!
You can check the stock market analysis from here: Star Online Market Watch Klse .
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