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Friday, January 08, 2016 10:44:31 PM
A better rule to buy crossing 5 EMA on daily chart. You might not buy at bottom but you 90% better off then trying to find bottom.
It is a horrible situation.
One better way to buy in this situation buying long calls say 10$ call for 9 months you will be risking limited amount but will get most upside if it break.
Good luck and happy trading.
Farooq
Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
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