cue31035

BB50 KISS SETUP

Long
NASDAQ:AVGO   Broadcom Inc.
BB50 KISS SETUP

Moving average (50) usually shows the mid term trend of a certain stock, when the price is above the MA50 we can say that the stock is in a mid term uptrend phase.

For swing trade strategies, MA50 can be used as a support and or entry for “buy on dip” or pullback entries after a breakout. Combining it with BB gives a better visualization given that we are looking at a volatility envelope rather than a single thin line we see on an MA.

Other use:
Trail stop for trend following and reactive profit taking.
Tranche buy (BB50 kiss during markup phase in confluence with a cont pattern)
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