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When is it OK to violate your price foundation to purchase extra shares of an organization?

Nvidia CEO Jensen Huang,speaks on the Supermicro keynote presentation throughout the Computex convention in Taipei on June 1, 2023.

Walid Berrazeg | Sopa Photos | Lightrocket | Getty Photos

Here is our Membership Mailbag electronic mail — so that you ship your questions on to Jim Cramer and his crew of analysts. We won’t provide private investing recommendation. We are going to solely think about extra basic questions concerning the funding course of or shares within the portfolio or associated industries.

This week’s query: The cardinal rule of self-discipline is to not violate price foundation and present endurance to purchase extra high-quality shares on pullback. How do you consider a flying inventory which could not come again to ranges of price foundation so as to add extra? Latest examples embody Nvidia (NVDA), Eli Lilly (LLY) and Tesla (TSLA). — Thanks, Ravi

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