Something I been battling- general advice please.
Using Xero as an example... Entry price $30.
Assuming you don’t need to free up cash for something, and you want to stay in the stock as a LT play to 2025-26, is there any point taking profits during your investment period in the stock if:
1. the price doesn’t drop below your entry levels?
2. the price has risen well over $50+ in 2019 and a down trend starts- is it worth locking in profits closer to a high if it means that when you buy back in you’re re-entry price may become 20% higher at $40-50?
Thanks I’m advance.
A great company at a fair price, page-8
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Last
$155.18 |
Change
1.500(0.98%) |
Mkt cap ! $23.70B | |||
| Open | High | Low | Value | Volume |
| $154.33 | $155.18 | $152.94 | $92.08M | 595.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 390 | $154.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $155.20 | 1100 | 1 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| XRO (ASX) Chart |