A popular technical analysis strategy that helps identify trend changes and potential entry/exit points
Plot both a short-term (50-day) and long-term (200-day) moving average on your stock chart.
Watch for the short-term MA crossing above or below the long-term MA.
Consider entering long positions on golden crosses and short positions on death crosses.
Set stop-loss orders below recent support levels for long positions or above resistance for shorts.
Higher volume during crossovers can confirm the strength of the signal.
Consider the overall market trend and sector performance for better results.
Adjust MA periods based on your trading timeframe - shorter for day trading, longer for position trading.