AAP, offers a little variation of the same system . It does have his CRSI below 30. but it hasn't met the 4 days criteria of decreasing closes... when this occurs, we have a lower winning trades. In this stock, in the last 4 years we do have a 64,81% of winning trades. with 54 trades being taken. the system is better for abov U$100,00 price per share. since we do have less commision impact. My entry point is this close, my stop below 119,70 and my target would be in 132.20
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.