52-week glorious and low?

lets voice that a company have a 52-week lofty of 80
and a 52-week low of 50.
if it's current price is at 79 do you avoid it(near it's peak potential)?or?

Answers:
for long possession stock investing, that might not be a pious buy, because the push button to its nouns is buy the lowest price as possible and hold them as long as it is profitable. but for short permanent status stock trading, you can buy at any price provided within a some buying momentum in the bazaar. to play not detrimental, don't forget stop loss decree.
If specifically one and only criteria you are using, later put surrounded by a buy-stop charge within to purchase the stock at for a moment over 80! if the stock breaks out of the current trading breadth, it will move greater and set up a different trading span. If it moves lower, consequently it wasn't geared up to BREAK-OUT!
You don't own ample information to create an informed outcome.

Since stocks move in trends, buying close to a 52 week big is better on the assumption the stock will verbs to move up. BUT: it may hold basically topped out and be heading lower.

You hold to look at other factor (l.t. chart, industry/market trends, p/e, etc.) to craft a determination as to the probable adjectives direction.


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