Wednesday, 9 September 2020

INVESTMENT RULES

 1. Only Buy stocks above 200sma

2. Buy Stocks in the value zone at the 20sma and MACD postive

3. Add to holding if the price drops to 50sma.

4. Set a Stop loss at 5% below total price paid

5. Sell when 5sma < 20sma and MACD Negative or a close below 50sma


EXAMPLES

CYBR 

Buy at $37.50  (20sma) on 18th August. Stop = $35.62

Buy at $37.11  (50sma) on 4th September. Stop = $35.44


XGRO

Buy at $21.90 (20sma) on 3rd September. Stop = $20.85

Buy at $21.54 (50sma) on 4th September.  Stop = $20.63


XIT

Buy at $41.12  (20sma) on 21st August.  Stop = $39.06

Buy at $40.70 (50sma) on 3rd September. Stop = $38.86

Price closed at $39.47 on 4th September, below 50sma so should be sold for 4% loss





No comments:

Post a Comment