Thursday, January 30, 2014

Can prices of stocks go higher, having already reached a high price?

 Now, how high is high? As we know, the market is driven by emotions. No matter how much analysis has been done onto a stock, there are bound to be some outliers. There are also stocks that are unable to meet their potential no matter how much emphasis analysts allocate to the stock.
So how long will it take for stocks to be priced at their intrinsic values? No one knows for sure. If that were the case, wouldn’t investors stand a greater chance if they buy a stock on an uptrend? Buying on an uptrend symbolizes that the investor is buying on confidence. When the stock is on an uptrend, the market believes it can only go higher and the probability of the stock going higher is well, HIGH. 
Intra day call based on Trend
Auropharma  :  buy  only  above 441 





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