$Lumentum(LITE.US)Lite experienced an extreme rollercoaster ride. With the merger and acquisition finally settled, it ca…
$Lumentum(LITE.US)
Lite experienced an extreme rollercoaster ride. With the merger and acquisition finally settled, it caught the market fear moment and has already broken below 700.
My move: I added to my position with a view to averaging down.
Taking away: In volatile markets, active trading is needed; the 'buy and hold' strategy is no longer effective.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.