Tradetobefree – Explosive Bottoming Patterns
Unlock your potential with the Tradetobefree – Explosive Bottoming Patterns course for only $33.00 at WSOLib.com! Discover our vast library of over 60,000 downloadable digital courses across . Get expert-guided, self-paced learning and save over 80% compared to retail prices. Transform your skills today!
Description
Tradetobefree – Explosive Bottoming Patterns
Stocks last week moved 10% to 15% higher within 2 days out of this pattern. Recent back-tests point to a greater than 80% probability of success within a week and a half with a tight 3.5% stop-loss
The reason this works so well is that you have a very good stock that is oversold, with a strong long-term trend, that is showing signs of strength both before and during trading hours after a sell-off.
The missing piece for most traders is qualifying the fundamentals and the gap between the technical entry point and the next level of resistance. If you just buy an oversold stock, its often just buying a falling knife. Do it right, and its a very high probability trade with big upside.
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