welcome back to how to swing trade for beginners on eToro so today i'm going to show you i'm going
to sell one stock because it's hit its potential price and i'm going to buy another stock so i
added me eight stocks one of my stocks is home depot and now it's up you can see here it's
up six point six percent so up to twenty three dollars off the 500 invested and why i'm selling
that because i can see here over the last month it's hit the highest point nearly so there in may
it hits 341 but only like two percent off but it's starting to drop again so it's it's
three percent over the last six months but it hit is hit his highest point in the last month
so remember i aim for 10 but sometimes six percent is fine so i close this trade here and then we're
going to buy another stock so i close that now so now that i sold one of my stocks out of my ears
in my portfolio of swing trading i'm going to buy my new stock so i need to replace it with another
stock so next stock i'm going to invest in i'm going to invest in this force and then show you
the steps of how i found the stock to invest in again so i'm gonna invest in samuel adams uh with
the ticker name s-a-m so let's go to etoro so 533.95 is what i have to buy this stuff open the
trade here with no stop loss and no take profit so i'm going to open that there and there we go i
have bought some so sammy adams is a massive beer company in america so i go over the fin fizz so
this is how i found the stock i went to screen or i quickly go over it again i go to screener
and then i go to market cap and i check mega forced i click on mega in the market
cap section then i go to technical and i use the rsi 40 so click on technical and then
over here on the right it'll change the rsi here so i want to oversold stocks that are oversold
and at a good price so rsi 30 and you can see there's no stocks in the mega capital stocks
so i go descriptive again and then i go to large so i only invest in large and mega capital stocks
and then i want to filter them by the lowest rsi to the highest so or i click on rsi 20 or 14 there
and that will sort them from the lowest to the highest so i look here lots of chinese stocks but
then i come up with sam here i look for the big names that i know and i can't really see anything
else there that i really know there's another course company there but it's not as as low
and rsi models so i found sam so how do i research that how i research that i went to sam stock price
in google and i just clicked in there and i'm looking for over the one month i'm looking for
at least 10 percent of a drop so i go from the highest points to the lowest point and you can
see there it's down massively 31.11 and it was 23 when i invested in it okay so next we go to we
check over the five years and it was growing grow growing growing growing so great but massive drop
over the last while um especially because of what happened but i'm sure going to show you we then we
research on the stock sam stock price prediction so we put in some stuff price prediction to
see what the analyst rating is for the next 12 months what their what the forecast of price is
and what the forecast operating and you can see here that it's at 685 and now it's at 717 so it's
around the low point and when i invested it was at the even nearer to lower point there
and the medium is set 978 and the high is nearly double the price it's 1500 what they expect the
price is going to go over the next 12 months then we come back down here we check we want an analyst
consensus of a buy position but because of so much of a drop i'm going to take this even number
there's no cell decisions one cell position and there's holed eight analysts in the hole
and then six are saying to buy and two outperforms outperform is in between hold and buy so we have
you can say that as eight buys nearly and eight holes and one cell so it's even numbers there
between the buy and hold so i'm gonna go because of it's i usually look for the consensus of a
buy rating but because of so much of a massive drop on this stock price i'm going to take and
that's a fine for me and that's true experience and you'll learn that as you go along but uh so
some stock price but let's look at this put in sam stock price and see why the stock price dropped
but we look at the news so click on the news tab here and we can see here why samsung stock crashed
on friday morning so why a crash is it come out with is quarterly earning report that miss analyst
expectations for that quarter so analysts expected them to come out with an estimate of 600 or 6.69
per share of earnings but they reported 475. okay so it's a massive drop okay but because this is
such a large company i'm fine with that i think it's short short term it's going to go up because
it's massively dropped over the 30 percent so i'm happy to buy that so let's go and buy that stock
okay guys so it's been an hour and a half so in since i invested in sam and you can see i'm
up 2.53 percent already 13.51 so that's a great result if you enjoyed the video on how to swing
trade for beginners on eToro please subscribe and like the video and leave a comment if you have any
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bye