Technical Analysis (with EMA) - TSLA, MSFT & BABA
Before I start, let us not forget that we will need to qualify the business first through reviews of its fundamentals over a good period of time. Its recovery from the ongoing pandemic can give us assurance on the quality of the businesses and the durable competitive advantages that it owns. What I am doing now is the technical setup that helps me to take a position for trade or when a great company reaches a range of "discounted" prices. This is also known as the margin of safety that value investors add. Personally, I prefer investing over trading that it essentially has a much longer-term time horizon - over 10 years into perpetuity. Trading requires much more effort & closer monitoring. The timezone difference does not permit me to trade actively when I live 12 hours away from the US market. For the coming examples, I am exploring trading and not investing. Coming to trades, we need to consider market sentiment as that can drive the prices in...