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Personally, I never pay attention to any kind of short-term stock market predictions.
Predictions never influence my investment decisions to buy or sell stocks. Staying invested
always reaps the highest returns over the long run.
In fact, if you had followed the ‘Sell in May’ advice over the last 10 years, you would have
missed a significant percentage of gains. From 2014 to 2023, the S&P 500 was positive 80%
of the time from May to October, with an average gain of 4%. Time is the markets always
beats timing the markets over time.
In summary, the chart indicates that Coraza has reversed from a prolonged downtrend to an upward trend since early 2024. There are signs of strong bullish momentum, but also indications that the stock is currently overbought, which may lead to a short-term correction or consolidation. However, the overall trend remains positive.
