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Trying something different with the same old instrument
Long
Trying something different with the same old instrument
By Trendoscope
Wizard
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Apr 13, 2021
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This is not my usual trend following method. This is my experimental no nonstop strategy.
Using my multi-band overbought/oversold oscillator which is implying stock is slowly coming out of oversold area.
Price seems to be in squeeze and linear regression turning positive.
Seems to have crossed downward trend line and holding well.
No stoploss. Hence be cautious :)
The way I am trading this is through buying long bull call spreads so that losses are capped. (And also the profits)
Oscillators
Trendoscope
Wizard
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