@visuarchie , Hi vishwanath ji, your overall guiding principle is 50 DMA above 200 DMA…can this be restricted to 150 DMA?
In Stocks on the Move by Andreas Clenow, he has mentioned that, he stops buying new stocks ( replacing the exiting stocks) when the universe goes below 200 day EMA. And start selling the individual stock if it goes below 100 day EMA… Can this also be made 150 day EMA?
In some other strategies involving Stage Analysis, Stan Weinstein and Minervini suggest that they dont buy a stock if its below 150 Day EMA…although they dont have any guiding principle about market, but it seems they consider market index below 200 day EMA as a market without momentum.
What r your thoughts on this?
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