Rubber Band Long ( Reversion to the Mean). Momentum trade.

Rubber Band Long ( Reversion to the Mean). Momentum trade.  Image
RUN IN STOCK SCREENER
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As long as 50SMA remains angled up with price below. Use your preferred entry trigger, 50SMA is first TP level. If 50SMA flattens or curls down, close the position !!!


Stock Screener Settings

sma50: SMA(50) Rising

Momentum / Uptrend.

Price VS SMA: Price Below SMA(50)

Possible pullback. Look for an entry in direction of 50SMA

RUN
Chart Settings

Have had good luck on all TF's. Less noise on Daily Chart.

Regional Run

Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.