Long
ASR: mean reversion trade?
The blue band is the lower two standard deviation range.
High probability for a mean reversion.
Mean reversion is a theory used in finance that suggests that a share price will revert to the long-run mean (black thin line).
Time to exit: +/- 1 October 2019.
Risky trade with a 6.3 stop loss.
High probability for a mean reversion.
Mean reversion is a theory used in finance that suggests that a share price will revert to the long-run mean (black thin line).
Time to exit: +/- 1 October 2019.
Risky trade with a 6.3 stop loss.
Trade closed: stop reached
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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.
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.