20% upside?
Posted: Tue Mar 24, 2015 3:52 pm
I came across an article that described a trend-following system with well-defined setup rules except for one: the stock should have at least 20% upside. This is the one rule that the author does not elaborate on.
I would like to ask that question to members of the forum. The best I can come up with is resistance by the major moving averages like 200MA and 50MA. Can you think of others?
Thank you!
I would like to ask that question to members of the forum. The best I can come up with is resistance by the major moving averages like 200MA and 50MA. Can you think of others?
Thank you!