buy on weakness

Buying the Dip Ahead of a $93 Rally

I want further declines because I plan to buy a bit more before the price rises to $93.

I’m looking to accumulate on weakness to improve my average entry, but I’ll keep position size and stops in place in case the downtrend continues.

Source available for registered users Sign Up Free

Analysis

The view is bullish longer term toward a $93 target, but prefers adding on pullbacks to get a better cost basis. This approach assumes a rebound after the dip; monitor support levels and volume to con...

Recommendation

Buy on weakness — add small positions on confirmed pullbacks, use conservative position sizing and a stop-loss, and plan to take profits or reassess as price approaches $93.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: