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When is the right time to buy a long term stock (1+ years)?
Hi Everyone,
This week I am planning on buying a long term stock. Probably it will be Coca Cola. However for the long run I am clueless when to time the order and buy the stocks. Any recommendations on this?
I would say I could just buy at the current purchase price (purple line). Currently my order (yellow line) is placed slightly above the purchase price. I've set my stop loss at the lowest pivot point in the graph on 41.87 (-1.5% of the order price). Is my timing to place the order and buy the stock right here? All recommendations are welcome offcourse! Thanks!
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