Trading Strategy - Medium Term - Long Only
STW - Tracking Stock for XJO
The above chart is for the XAO - 50 Day SMA and triple bollinger bands above and below the mid-line.
Go Long STW when both conditions are met:
1. stock price crosses above One STD Line (1st Bolly Band) above the mid-line.
2. And MACD is positive.
Sell out: when stock price crosses below the One STD Line.
KISS - Keep it Simple Sam.
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