AVGO stock has been crashing
From its all-time highs, it is now trading 25% lower. From a technical analysis standpoint, it may finally be setting up for a bounce here, but certain key levels of support will have to hold if Broadcom (AVGO) is going to finally rally. Plus, overall market conditions must also improve too, including the technology sector and semiconductor industry.
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Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
When it comes to investing in a bear market, done right, we should be hoping for there to be a bear market not attempting to avoid it altogether. And we can do that when we are getting the right entries on our previous investments, and the manner in which we managed the risk in them via profit taking. In this podcast episode, Ryan details his approach to long-term investing and why he welcomes, with open arms, a bear market for his long-term portfolio.
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
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