6D·

Rating Martin O'Reilly

Dear people

I have dealt with $ORLY (+0,9%) 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 (+3,18%)
$MRK (+2,06%)
$PEP (-0,38%) and $ATCO B (+0,42%) buy more

15 Comentários

Sansebastian@Sansebastian

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

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Ver todas as 8 restantes respostas

TomTurboInvest@TomTurboInvest

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

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

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Memo0606@Memo0606

@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

@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

@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

@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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