If you haven't added the oops reversal to your toolbox now is the time to do This is probably one of the most powerful entries in the market As you get to buy low, near a key level with very tight risk... The Oops Reversal: -Strong stock gaps down under key level(8 EMA, Previous days low, range lows) -Stock then reclaims the level with volume off the open -Late shorts get trapped, early longs get stopped out and forced to re-add the position -Stock reclaims key level and rallies back to high This sets you up for an incredible entry opportunity Today I bought $NET using this exact concept: -Gap down at the open -Tapped the 8 EMA -Reclaimed the previous days low + range lows -Triggered entry Strong recovery into close This is how you get into the best stocks in the market on weakness.
78 views
0 Comments
Join the conversation with 500,000+ other investors ๐ธ
Create an account to get access to everything Blossom has to offer!
๐ Personalized algorithm based on your investing style, experience level and interests
๐ Powerful portfolio and dividend tracking tools
๐ See what top creators and others in the community are investing in