On July 23, a signal to start rising appeared, and as of today, the moving average has diverged significantly. Friends who have not entered the market should not chase higher prices. For friends who already hold stocks, there is no need to guess the peak, just exit when the pullback breaks below the 10-day moving average.
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101647068 : Leave to gain profit or stay for higher gain?
小熊熊和大牛牛 OP 101647068 : There’s no need to leave so early, Still can wait Until heat the top and Goes back to MA10, then MA10 is the selling price.
101647068 小熊熊和大牛牛 OP : Sorry i’m new to trading and I’m willing to learn. So if MA10 is fallen below $93 (23rd Jul closing price), It is a signal to sell? Am i correct?
小熊熊和大牛牛 OP 101647068 : Blue line is MA10, let’s say price go up And down as the yellow line, then the yellow line will cross with blue line. Then The crossing point is the selling price. Explain to it is 5 days average price is lower than 10 days average price, so that you have no poInt to hold it in the short term.
101647068 小熊熊和大牛牛 OP : Thank you!
真诚热情的雷奈克 101647068 : You can set and adjust stop loss everyday.