Yep, good idea.
That doesn't mean you have to completely ignore this stock, keep watching it and perhaps a really nice entry will come along in the future.
(a really nice entry is one that just screams out... BUY ME !! ....and usually these entries are almost always winners, because you have been patient)
Or just open a small position (just in case), and then watch it.....
In the meantime, keep looking around and see if something with strong F/A that you like turns up, that has recently broken out, and is beginning an uptrend.
Because I am not a F/A wizz, there are a few posters I follow on this site, and the stocks they suggest which I like (or appeal to me) are put in a watchlist, and I wait for the right entry.....
And don't forget to take profits along the way, and reload on the dips, because these trends usually go a lot longer than you expect.
cheers
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Yep, good idea. That doesn't mean you have to completely ignore...
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