Long Position: When an investor takes a long position, they are buying shares with the expectation that the price will go up. For example, if you buy 100 shares of a company, you are said to be "long" those shares. The goal is to sell them at a higher price in the future and make a profit
Several indicators within my algorithmic system are signaling a potential uptrend. These include:
- Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
- Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory.
These factors...
