Morning all. Just to clarify a point I made last night in lounge.
Bounce trades are a perfectly good strategy, one of my favs. But just because a stock has a falling SP doesn't mean it is a candidate for a bounce trade.
Chart, story, market and time frame are all factors that have to be taken into account.
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- Day Trading 18 Dec Pre Market
Day Trading 18 Dec Pre Market, page-3
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