Posted on 14th January 2021
Chart Setup:
Weekly Chart
Using Stochastics 12,3,3
Using MACD Histogram, 12,26,9
Buy Opportunity: When Stochastics is below 20 and MACD Histogram is in Red.
Add units: after 1st buy order, continue to execute the same buy strategy on
every pull-back to increase more units. Accumulate till the trend fails.
Sell Opportunity: Many ways to do it, far from 20SMA or below 20SMA. up to you
since you are already in-the-money.
Above is for those who do not have a strategy, you may want to do similar setup to
test out the results.
What I am sharing is what I use to catch the bottom and sell the top.
Cheers. Happy Profitable 2021!
