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LONG TERM BUY RECLTD
REC LTD
Long
LONG TERM BUY RECLTD
By Research_Wings
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Dec 20, 2019
2
Dec 20, 2019
WEEKLY MOVING AVERAGE
GREEN LINE IS 200 WEEKS MOVING AVERAGE OF CLOSE
BLUE LINE IS 200 WEEKS MOVING AVERAGE OF LOW
RED LINE IS 100 WEEKS MOVING AVERAGE OF CLOSE
CONDITION: GREEN LINE SHOULD BE ABOVE RED LINE AND PRICE SHOULD BE ABOVE GREEN LINE
BUY ONCE THE PRICE IS ABOVE GREEN LINE AND FULFILLS THE CONDITION.
TARGET 1 FOR TIME FRAME 1 YEAR= 2 X GREEN LINE VALUE WHEN PRICE CROSSED IT
TARGET 2 FOR TIME FRAME 3 YEARS= 3 X GREEN LINE VALUE WHEN PRICE CROSSED IT
TARGET 3 FOR TIME FRAME 5 YEARS= 5 X GREEN LINE VALUE WHEN PRICE CROSSED IT
TARGET 4 FOR TIME FRAME 10 YEARS= 10 X GREEN LINE VALUE WHEN PRICE CROSSED IT
STOP LOSS IS TRAILING TO BLUE LINE
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