#stockmarket #stocks #longterm #investment
Channel: STOCK IT UP with Harshal
Date: 2021-11-20

Things to look for before buying a stock for LONGTERM.

1. Stock price is above both the 150-day and the 200-day moving average price lines.
2. The 150-day moving average is above the 200-day moving average.
3. The 200-day moving average line is trending up for at least 1-month
(preferably 4 to 5 months or longer).
4. The 50-day is above both the 150-day and
 the 200-day moving averages.
5. The current stock price is at least 25 percent above its 52-week low.
6. The current stock price is within at least 25 percent of its 52-week high
(the closer to a new high the better).
7. Current price is trading above the 50-day moving average as the stock is
coming out of a base.

#stockmarket #stocks #longterm #investment