and was rather close to its 52-week low.
The MACD was still above the signal line so I decided to purchase.
I later ended up selling this stock for a profit of $945.
If you notice the higher black line on the chart,
this is the point at which I sold my shares.
I had a lucky instinct about this security and sold it at a very good time,
just before it started to come down again.
The price of the stock is just about where I had bought it again.
If I were to keep investing,
I would keep an eye on this stock and wait for it to plummet further.
When the MACD catches back up to the signal line,
then I would purchase it again