3Wk·

Rating Martin O'Reilly

Dear people

I have dealt with $ORLY (+0.23%) dealt with

also about Tradingview

in my opinion strongly overvalued, kgv historically also very high

currently well above the 200 week linesee my chart

what is your opinion?

according to investing but fairly valued

I would sell and use the cash $NOVO B (-3.07%)
$MRK (+0.36%)
$PEP (+0.56%) and $ATCO B (-2.24%) buy more

15 Comments

Sansebastian@Sansebastian

3Wk

The question is, why did you buy the stock if you want to sell it now? Because it is overvalued?

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Memo0606@Memo0606

3Wk

@Sansebastian good comment thanks
I know what you mean
just wanted to hold the stock long term

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Sansebastian@Sansebastian

3Wk

@Memo0606 then I would continue to add instead of selling when a good opportunity arises. The share is a long-term runner and an outperformer! A mega strong share that I would not sell

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Memo0606@Memo0606

3Wk

@Sansebastian thank you for your valuable comment,
do you generally see good buying opportunities on the stock market at the moment?
possibly also the values mentioned in this post of mine

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Tenbagger2024@Tenbagger2024

3Wk

@Memo0606
My friend, didn't you want to buy from $INOD
buy?

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Memo0606@Memo0606

3Wk

@Tenbagger2024 no, I don't dare

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Tenbagger2024@Tenbagger2024

3Wk

@Memo0606
😭🙈😂

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Tenbagger2024@Tenbagger2024

3Wk

@Memo0606
No Risk, no Fun

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Sansebastian@Sansebastian

3Wk

@Memo0606 don't have anything on the screen at the moment, as I'm on vacation

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TomTurboInvest@TomTurboInvest

3Wk

Be careful if you only look at the SMA200 alone, this is a lagging indicator. It is good for the overall trend, but viewed in isolation it can give you false signals.

If you take a volume-weighted average price, then the price is rather close to a support level. For a year now, the price has been running nicely above the divergence1, which has always provided good support.

In TradingView, set the VWAP to May 29, 2024 and take a look at bands 1 and 2. Perhaps this will complete your picture.

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Memo0606@Memo0606

3Wk

@TomTurboInvest thank you
i am of course not so gifted in charting

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Memo0606@Memo0606

3Wk

@TomTurboInvest you know there are sites like aktienfinder or investing
you pay for it
according to aktienfinder strongly overvalued according to investing fair

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TomTurboInvest@TomTurboInvest

3Wk

@Memo0606 It doesn't matter, the main thing is to get started and approach the topic. Chart analysis can't give you a 100% reliable prediction anyway, but you can always estimate the probability better over time 😅

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Memo0606@Memo0606

3Wk

@TomTurboInvest i am always open to very good opportunities to buy shares
if the valuation fits and the chart says something good

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TomTurboInvest@TomTurboInvest

3Wk

@Memo0606 That's why it's better to become independent of such sites over time and find your own way of "evaluating" them.
I only look at very few selected fundamental data, and then only for earnings, a few days later you see how the market reacts anyway, and that's what counts - and that's what you see in the chart

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