For those students who use VectorVest “Midas Touch” long term investment strategy.
The calculation of MA Stop and MA is different. I can hardly align exactly SMA to MA Stop, therefore the crossovers appear in this graph are slightly difference.
First of all, please go to VV University to learn how to use Midas Touch strategy for long term investment. Then, study this graph a few times.
Steps
1) Draw some support trend lines on your graph within this period. (since Mar-2016)
2) Align Fibonacci Fan base line to a support trend line. (See the three orange arrows)
3) Spot any Buy / Sell Signal from your VV platform.
4) Tell yourself what Fibonacci Fan levels this stock follows.
The calculation of MA Stop and MA is different. I can hardly align exactly SMA to MA Stop, therefore the crossovers appear in this graph are slightly difference.
First of all, please go to VV University to learn how to use Midas Touch strategy for long term investment. Then, study this graph a few times.
Steps
1) Draw some support trend lines on your graph within this period. (since Mar-2016)
2) Align Fibonacci Fan base line to a support trend line. (See the three orange arrows)
3) Spot any Buy / Sell Signal from your VV platform.
4) Tell yourself what Fibonacci Fan levels this stock follows.