Is there a "standard" % drop below the 200 day moving average that is often used as a buy signal for an equity? For mid to long term trading.
I have a new watch list I'm using that has a 200 day moving average %. I didn't know if 10% below is a safe buy signal, 20%, etc. or if there is an industry standard?
Same thing for a sell signal.
[link] [comments] https://www.reddit.com/r/stocks/comments/16jg6ik/drop_below_200_day_moving_average_for_a_buy_signal/
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