A pullback to the buy point is a normal, albeit frustrating, part of investing in growth stocks. Your stock breaks out but before long, it's back at or just below the buy point. Decision time.
Do you cut the loss here before it drops further? Do you hold and wait for it to rebound? Knowing the difference between a pause and an impending collapse can feel more like an art than a science..
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Growth Stock Investing: How To Handle A Pullback To The Buy Point

A pullback to the buy point is a normal, albeit frustrating, part of investing in growth stocks. Your stock breaks out but before long, it's back at or just below the buy point. Decision time. Do you cut the loss here before it drops further? Do you hold and wait for it to rebound? Knowing the difference between a pause and an impending collapse can feel more like an art than a science.