“A bull trap is a false signal, referring to a declining trend in a stock, index or other security that reverses after a convincing rally and breaks a prior support level. The move "traps" traders or investors that acted on the buy signal and generates losses on resulting long positions.Apr 9, 2019”
Bull Trap Definition & Example - Investopedia
“anyone else feel like this just another bull trap?”
More like a ‘trading halt trap’ right now I reckon :
- A trading halt “trap” is an inescapable point in the timeline of a stock, index or other security which may last several days. It reverses - either bullishly or bearishly - following an announcement or, in some cases, is followed by another trap known as the ‘suspension trap’.
Hopefully the trap releases today on bullish news and those who have been safely on the sidelines decide to buy into AJM with vigour and confidence.
If the news is bearish good luck to all with whatever comes after
Cheers
Ann: Trading Halt, page-151
-
- There are more pages in this discussion • 172 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
