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50-50 Strategy
Dual Timeframes
Par Pharmaceutical Co meets the 50-50 Strategy “SCORE” system of fundamentals (from Invest with Success—Big Profits for Small Investors). Technically, the weekly chart (left) shows a rising 50 EMA (high riser). Price is above the 50 EMA and RSI 20 is above 50, thus it meets the 50-50 Strategy technical criteria too. The daily chart shows price straddling the 50 EMA (range conditions), and price has formed a triangle pattern. The daily RSI is below 50. When price moves back above the 50 EMA, and RSI 20 crosses above 50, the conditions will exist to consider a 50-50 Strategy long entry in the direction of the HTF. Since price is currently in a range, it is best for price to close above the resistance line of the triangle before considering the trade.
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