ANDE trade ideas
Personal Trading Guide $ANDEThis is not a Reco trade!
Applying MA-MA Strategy
Indicators: ALMA. MACD both on Default
Entry Point: Candle is Above ALMA and MACD is Crossed on the day or +1 day
Exit: 2-3 days candle is trading below ALMA
Risk Threshold - 5%-7%
Addtl Criteria's:
Successful MAMA Strategy for the past 12 months
Value is greater than 1.5M
$ANDE can rise in the next daysContextual immersion trading strategy idea.
The Andersons, Inc., an agriculture company, operates in the grain, ethanol, plant nutrient, and rail sectors in the United States and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $21,75;
stop-loss — $20,16.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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