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Onyitony
Onyitony
Asked: March 21, 20262026-03-21T22:19:32+00:00 2026-03-21T22:19:32+00:00In: INVESTING & WEALTH BUILDING

In buy stock what is bid and offer and when is the right time to buy so I don't buy costly?

In buy stock what is bid and offer and when is the right time to buy so I don't buy costly?
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  1. Edith Ejenavwo
    Edith Ejenavwo Starter
    2026-03-21T23:34:27+00:00Added an answer about 6 months ago

    In buying stocks, bid is the price at which buyers are willing to buy, while offer is the price at which sellers are willing to sell. These can be found in the stock order book. Also, the best time to buy stocks is during recession, e.g economy breakdown. Stocks are best bought when it is dropping.Read more

    In buying stocks, bid is the price at which buyers are willing to buy, while offer is the price at which sellers are willing to sell. These can be found in the stock order book.

    Also, the best time to buy stocks is during recession, e.g economy breakdown. Stocks are best bought when it is dropping.

    It is imperative to study the support and resistance level of stocks. The support level is the price a stock will drop to then buyers will begin to dominate the market, that is the best time to buy,  while the resistance level is the price the stock will rise to before sellers dominate the market by selling off shares, except when there is a breakthrough.

    The support and resistance level can guide you in knowing when to buy and sell, it is advisable to combine it with other technical analysis tools.

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    • Onyitony
      Onyitony
      2026-03-22T07:30:37+00:00Replied to answer about 6 months ago

      Thanks but if one invest in mtn stock now is it a bad move

      Thanks but if one invest in mtn stock now is it a bad move

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      • Edith Ejenavwo
        Best Answer
        Edith Ejenavwo Starter
        2026-03-22T15:15:22+00:00Replied to answer about 6 months ago

        MTN Telecom has declared its dividend which is #15.00 per share. The ex dividend date (qualification date) is April 8th, 2026. This means that if you should buy MTN stock now or on April 8th, you will be eligible to receive dividends which will be paid around or on May 5th, 2026. It is imperative toRead more

        MTN Telecom has declared its dividend which is #15.00 per share.
        The ex dividend date (qualification date) is April 8th, 2026.
        This means that if you should buy MTN stock now or on April 8th, you will be eligible to receive dividends which will be paid around or on May 5th, 2026.
        It is imperative to check the Relative Strength Index (RSI) of the stock before buying.
        It determines if a stock is overbought or oversold, this serves as a guide to know if a stock has high chances of rising or falling soon, thereby helping you to know when to buy.

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