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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by TACTon Nov 25, 2015 2:11pm
117 Views
Post# 24325043

Factor of five

Factor of fiveIn addition to 13 period moving average for monitoring momentum and pullbacks, add 65 ma to your chart (which is 3 months of  daily closing price average) and tracks/points the medium term trend direction. Buy crossovers of the shorter above the longer and pullbacks to the shorter ma. Use SMA or EMA. EMA responds quicker to incoming prices. And is more of a traders edge. The factor of five 5 X 13 = 65. In this case the trend is still down as the 65 is iverhead of both 13 ema and price itself, but its tracking 13 ema nicely. The green/red candle is painted in accord with a volatility based stop loss which is trailing below
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