Markets move in a cycle, after every high there is a low and after every low there is growth and a subsequent high.
The Market is never going to grow tired of throwing surprises which effectively means that the best and the most knowledgeable market gurus need to pay attention and watch out for it. Best approach is to stay cautious when people are acting out of impulse. In other words exercise caution before jumping into the bandwagon. You shouldn't be doing something just because everyone around us is doing. Don't follow the herd. Do your research and stay invested. If the stock reaches the target, book partial or full profit so that, in case the stock tumbles, you don't end up with a full red portfolio. The trick is to avoid greed and make wise decisions that can bring profit. All I am saying is, it is better safe than sorry. After all, its our hard earned money isn’t it…
Enjoy the week by enjoying each moment that comes your way.
Good luck and safe trading!