Pascal
12-11-2014, 03:22 AM
VIPS broke below its 50MA and is probably a short trade here.
You can see that the 5MA is a very good guide in the currnet downtrend.
Hence, shorting on a bounce to the 5MA or just below it could work.
27374
27371
The stats below shows that the stock can be shorted between 21 and 21.5
27373
One negative is that we are only testing 60 days and hence only the period shown in pink below, because that is the period when the price was below the 50MA.
The Breakout Calculator does not short bounces when the price is above the long-term average, whihc is here the 50MA.
27372
You can see that the 5MA is a very good guide in the currnet downtrend.
Hence, shorting on a bounce to the 5MA or just below it could work.
27374
27371
The stats below shows that the stock can be shorted between 21 and 21.5
27373
One negative is that we are only testing 60 days and hence only the period shown in pink below, because that is the period when the price was below the 50MA.
The Breakout Calculator does not short bounces when the price is above the long-term average, whihc is here the 50MA.
27372