This is a discussion of the "Bullish Bursts" strategy. See the best combination of moving averages and RSI that have outperformed the market over 10-, 5-, 3-, 2-, and 1-year, as well as during the Great Recession with a bullish strategy.
Overview
- Long call
- 1 leg
Bullish Bursts Strategy Settings
Bullish Bursts Open Conditions:
- Stock price crosses up through 10-day EMA
- Stock is above the 200-day SMA
- 50-day SMA is above the stock price
- 20-day RSI is below 70
Details on Options TradeMachine is Selecting for Bullish Bursts Strategy:
- 1x long 40 delta call near 14 days to expiration
Earnings Handling for Bullish Bursts Strategy:
Bullish Bursts Close Conditions:
- Gains are above 40%
- Losses are above 60%
- Options reach expiration
Open next trade for Bullish Bursts:
