I'm looking at trading aapl. It went below its 50 day moving average which I don't like. However if it closes above its 50 dma today. Would it be good for a swing trade? http://stockcharts.com/h-sc/ui
My stockcharts.com did not post. I just copied and pasted the chart on the internet address bar. I'm not sure how to save and post charts. I'll look into it.
Easy to backtest. Code it up, then find it wins 70% of the time simply because it's going higher. Have no target or any strategy, buying simply because it's above the 50 dma. This is cake to research, so eat it, too. BTW, you'll get your signal after tomorrow's earnings report.