Overlaying stock valuation levels vs picture trading #gtbifI used stare at charts and colored bars and tried to find shapes to figure out the next move. Guess what, I missed out on a lot of easy opportunities to hold and ran scared out of good stocks because I didnt understand growth valuation.
Stocks will do things that dont make sense on the charts. Stocks are businesses.
We really need to understand the companies behind the charts. Its just lazy and a missed opportunity not to do so.
In this this video, I create some valuation assumptions and overlay them on the charts for insights.
Bear case valuations and bull case valuations.
Hope you enjoy it. Cheers.
