Here's a great example on how you can use a moving average to watch for trend reversals and to trigger trades in case you don't like drawing a lot of lines on your chart. In this example, when the 50 Moving Average (MA) crossed the 200MA in May 2019, it signaled a bearish reversal (known as a bearish cross). Later, in November 2020, it crossed again signaling a...
Shorting ANGO 3/4/2019 Entry: 23.24$ at 15:53 NY Time. Stop Size: 0.19$ Result: R/R 1:2 Trade Idea: Interday Reversal strategy (Powerful stock in the interday, "Healthy" Fibonacci Retracement, Price Retracing to a resistance level, Candlestick pattern Trigger). Tools: VWAP, EMA20, Pivot Points. Trigger: Dark Cloud Cover Candlestick pattern on the...
Published on July 24, 2017 at 2:32 pm by TIM FREDERICK in Insider Trading,Market Movers,News Two insiders at AngioDynamics, Inc. (NASDAQ:ANOG), including President and CEO James C. Clemmer, have bought shares of the company in the past week following a bout of weakness. Mr. Clemmer purchased 25,000 shares in total through transactions made on July 20 and 21,...