Are shares of GWG Holdings, Inc. (NASDAQ:GWGH) ready to make a move? Increased volatility and interest from bargain investors have put the stock on a number of investor’s watchlists of late. The stock is pricing at $8.85 after moving -1.91% from the opening bell.
Investors may be trying to decide if it is the right time to enter the equity market. Stocks have been performing well of late, and investors may be eager to catch the next potential move higher. When looking to put money into the stock market, investors might be working hard to create a strategy and choose specific stocks to add to the portfolio. Building a strategy can be tough, but sticking to a strategy can be even tougher. Sticking to the game plan when markets are in flux can greatly improve the investor’s chances of succeeding in the market.
Sometimes the stock market can be very confusing, even for the most seasoned investors. Even when expectations are met as predicted, the market may decide to move otherwise. This can cause uncertainty and second guessing. Keeping up with historical data as well as short-term and long-term trends may be very helpful. Over the past week, GWG Holdings, Inc. (NASDAQ:GWGH) shares have performed -1.28%. Pushing back over the last quarter, shares are 56.92%. Looking at stock performance for the past six months, shares are 95.20%. Since the start of the calendar year, shares have performed 2.18%.
Let’s take a quick look at some possible support and resistence levels for the stock. According to a recent spotcheck, company GWG Holdings, Inc. (NASDAQ:GWGH) have been seen trading -8.97% away from the 50- day high. On the opposite end, shares have been trading 60.33% away from the 50-day low price. Taking a wider perspective, shares have been recently trading -8.97% off the 52-week high and 104.65% away from the 52-week low.
When dealing with the volatility and unpredictability of the stock market, investors may have to learn how to deal with their emotions. There are many factors that can have a big impact on the portfolio. Maintaining discipline can be one of the most important factors. From time to time, investors will be overcome by fear during a large market selloff. On the other side, investors may become extremely excited during a widespread market move to the upside. When these situations occur, investors tend to make better decisions if they are able to keep emotions out of play and stick to the original plan. Buying and selling at the wrong time can lead to portfolio underperformance, and it may damage investor confidence in the future.
Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals. The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.
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