7Lun·

$SNOW (-1,84 %) I got in at €100.27 and am considering whether I should set a stop price at €160. I am (mentally) bullish up to €170-177 but unsure. What is your opinion on the share?

3 Comentarios

Ben K.@BenKar91

7Lun

Hold on if you don't need the capital... will continue like this for the next few years 🔮

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JamesJameson@JamesJameson

7Lun

The RSI of the share is very overbought on the daily chart. I had also set a stop loss at EUR 160 yesterday, but then took it out again as I want to hold the share for the long term and a new upward trend is currently emerging. If you want to hold the share in your portfolio for the long term, I wouldn't do anything but let it continue. If you have only used it as a trade, then I would hedge part of it at EUR 160. However, it is notoriously difficult to find the right entry point again.

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JerryMaguire@JerryCoo

7Lun

You are right. Re-entry is not easy to find if there is a "buy the dip". I'll have a look at it today and then decide. But thanks for your arguments and thoughts.

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