How To Make Money With A Power Trend: Mike Webster | Investing With IBD
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Published 2022-08-16
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All Comments (9)
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Excellent discussion on what is an Investor’s Business Daily “power trend” and how to use it. Thank you very much for sharing.❤
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Guys thanks a lot! Your podcasts are so amazing and helpful.
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Strapped in for a power trend!
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Basic criteria for power trend to begin: a) low for last 10 trading days is above 21 ema; 2) 21ema above 50 dma for 5 days; c) start on up day; d) 50 dma has to be in uptrend Note, earlier buy signals are the initial follow through day (FTD) and subsequent big up days on volume Main signal for end of power trend is when 21ema falls back below 50 dma
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So to confirm, 21 day is EMA, and 50, 200 are not EMA?
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Is he back to IBD?
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giddyap
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All that is fine. But have you'll made any money in the market? I mean serious money?