For my buy and hold strategy:
I look for BlueChip Dividend Payings Stocks that have traded down to 52-week lows and the long-term daily moving averages (200, 100, 50) are respective to one another in terms of height on the graph. For example, the 200 is at the top and the 50 is at the bottom. I then add the 10ema and once it crosses the 50 I look for an entry. I also add to my position once the 10ema crosses the 100.
In addition to this signal BMY has also formed an inverse head and shoulders. For a swing trade I will look for a retest of the neckline at 57 with a stop below the right shoulder. If a flag pattern or doji form at the neck line I will enter with a much more aggressive stop.
This is the setup:
Trigger: 57
Stop: 54.01
Targets: 64.78 - 70.80 - 77
Since this is a buy and hold signal I will look to form cost-less collars with options strikes at the target areas
I look for BlueChip Dividend Payings Stocks that have traded down to 52-week lows and the long-term daily moving averages (200, 100, 50) are respective to one another in terms of height on the graph. For example, the 200 is at the top and the 50 is at the bottom. I then add the 10ema and once it crosses the 50 I look for an entry. I also add to my position once the 10ema crosses the 100.
In addition to this signal BMY has also formed an inverse head and shoulders. For a swing trade I will look for a retest of the neckline at 57 with a stop below the right shoulder. If a flag pattern or doji form at the neck line I will enter with a much more aggressive stop.
This is the setup:
Trigger: 57
Stop: 54.01
Targets: 64.78 - 70.80 - 77
Since this is a buy and hold signal I will look to form cost-less collars with options strikes at the target areas
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.