After the strong markets we have seen over the last few years are things changing? After the recent technology-sector selloff there is a feel of uneasiness amongst investors. Historically summer months can display some turbulence but this recent move may make it even more bumpy. By taking a proactive strategy you can actually profit during times like this.
One strategy called the “lock and walk” has realized profits during these types of market conditions. However past performance is no guarantee of future results. This strategy puts focus on the support and resistance levels of the Nasdaq 100. This frequently used strategy is based on Buying near the support, sell near resistance and if support breaks, stop out. In this type of strategy we are not looking to hold positions for very long. Helpful tips on investing.com.
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