Investing
On investing and trading
I have been exposed to the stock market since I was a college student at Purdue and have been actively investing since then. One of my best investments I've made was at Tandem Diabetes. It's a business is in the diabetic infusion pump . The price has sky rocketed since it was trading at $2/share . Today it's close to $100 /share. With technology today, it's much easier to have quality research of the company that will aide you in your decision to make an investment .
Before you make any investment, you will need to understand that the investment is not 100% guaranteed and accept that the news and sentiment can drive the price in either direction.
If you are planning to invest in a financial instrument, be prepared to do lots of research for fundamentals and get yourself familiarize with technical indicators to help you make better decisions on price entry and exit.
Some of my favorite indicators
1) Ichimokou cloud
2) Sar Parabolic
3) RSI
4) MACD
5) Bollinger bands
Views on Nasdaq 19/2/2021
The market has been very optimistic due to the good earning reports from big tech giants and the stimulus report . Base on the Ichimokou indicator on the daily chart, the overall trend is bullish I personally have a long term target of 14000. In the short term, expecting a pull back to 13200 first target price and possibly below 13000 level.