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suppose if the stock crosses 200 dma then how long should it sustain above this 200 dma?if sustains,

suppose if the stock crosses 200 dma then how long should it sustain above this 200 dma?if sustains,upto what level it would rise?(target)
Posted by sanbala_89 Posted on : 17-Apr-2014

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Answer to this Question By Community
Posted by Admin
Posted on: 29-Apr-2014
Hi San Bala, 200 Days moving average generally means change in trend. By definition it means long term uptrend or downtrend depending on the direction of the crossover. Its target can be previous resistance level if any. If it does not have previous resistance then carefully look at other signals. I suggest to play with Trailing Stop Loss Once stop loss or a reversal signal is seen then immediately exit.
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