What Does Bear Trap Mean?
A false signal that the rising trend of a stock has reversed when it has not.
Looks like the short sellers will be trapped and will be forced to cover their positions at higher prices.
NCM looks set to power ahead next week - the highs are in the crosshairs.
Congrats. to those brave enough to hold.
- Forums
- ASX - By Stock
- NCM
- bear trap
bear trap
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)