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Medium Term Strategies -> Double Whammy Updated On 28-04-2012 at 7:23 pm
Description Short term is stronger than the medium term stock has taken a support on a standard moving average.
Xpert Comments Generally this is an opportunity for traders who had missed the train.
Xpert Advise The stock is in a correcting mode but due to medium term crossover it seems that the immediate support can come at any moment.
How To Trade Buy only if the closing is above 12 day Ema .Since this is not an immediate BUY, one should consider 12 Day EMA as the stoploss only. And enter the stock only if the high is crossed.
Past Performance Click Here to get past performance for this strategy.
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50 day EMA
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Buy Above 12 day EMA
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