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When is the Right Time to Determine Taking Profit on Stocks?

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Every stock investor certainly wants to be able to make maximum take profit, so investors need to determine the right time to sell the stocks they hold. Of course, this goal is often not achieved if investors do not have a target price as a basic reference for selling stocks or taking profit. One simple strategy that can be used by novice investors to determine the optimal price target is by using Support & Resistance. Where support is the lowest price/point of stock movement in a period while resistance is the highest point, after investors find the resistance point, this resistance point can be used as a target price or as a take profit area.
 
This is a tough decision for stock investors. When the price of the stock rise, the investor makes a profit. But you never know if the price will continue to rise or will drop. I buy stocks, I usually do not realize the profit in a rush. My aim is getting dividends on a long-term basis.
 
This is a tough decision for stock investors. When the price of the stock rise, the investor makes a profit. But you never know if the price will continue to rise or will drop. I buy stocks, I usually do not realize the profit in a rush. My aim is getting dividends on a long-term basis.
I agree with you there should be no rush with stock profit your aim should be getting dividends on a long-term basis.
 
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