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NASDAQ-TREE - a good time to buy! (indicator Thewaved)

Long
NASDAQ:TREE   LendingTree, Inc.
The last signal to buy on this strategy was given September 15.

The price of the asset at the time of entry into the trade was 15.76.

Our goals for this trade are as follows.

Take-Profit is set at 31.5.

and Stop-Loss Order at 13.4 At the moment, the the asset price has fallen slightly from the signal level, and this happens quite often before the trend reversal. This suggests that now the conditions for opening a Long position have become even more profitable than by signal. And that means you can enter the position from this level with a good discount. And if we look back, what are we observing then several Long signals in a row - closed by stop-loss order and this gives a great probability of the descending trend reversal. In addition, at the entrance to the purchase, we have already had a great advantage over a huge number of investors. And the most important thing that I want to mention is that the price of the last entrance to the position is higher than the previous exit, and this almost always suggests that there will be a slight price reduction to remove the stop loss orders of other players who has a position at the moment. And such an action can take place several times. And now let's move on to the most important part, statistics.

What do we see from the results The total income on strategy we have 421.24%. The percentage of profitable trades is not so important to us, since the general profit is satisfactory. The profit factor equals 1.684

and this is an excellent result.
And all the closed trades in our strategy are 51.

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