as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
design a trading strategy for stock xyz with at least 5 rules.
user
1. only buy xyz when the stock has strong momentum i.e. if the rsi is above 50.
2. set a stop-loss of 10% below the purchase price.
3. consider the long-term trend and only buy when the stock is trending upwards.
4. sell when the rsi falls below 70.
5. implement profit-targets of at least 5% or more.
assistant