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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru

Post Number: 712
Registered: 04-2016
Posted From: 209.67.156.8

Rating: N/A
Votes: 0

Posted on Wednesday, August 16, 2017 - 5:22 pm:   


Andhrajamesbond:

Is it not over priced for that price??




overpriced ante.. wrt what ?

Typically, janalu P/E chustaru as against overall sector/market and conclude its overpriced. But manam unna stage lo i dont think any trader here is doing p/e analysis to make such conclusions. Nenaithe only Technicals chustuna - I am new to US market - aa disclaimer munde petta.

Overpriced, from a technical perspective - its wrong to say that. Momemtum Vs Mean Reversion both are tech concepts, and you never know what is operating currently. Momemtum strategy will advice you to Buy a stock when it has already gone up X%... hence i earlier used the term "bet" if you notice..
brahma satyam jagan-mithyä jivo brahmaiva näparah

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