Tuesday, December 1, 2009

Break and rebound

Look at the chart below... Sometimes stock that break its low at short term might be reversal high in the next day. But this phenomena I noticed only for temporary since its break the down trend and will be down trending. Hit and run in a day might be a good idea as the stock will drop again in the later period. The chart below showing its drop below the straight line low point in short period, but then goes up high in tomorrow. Buy at the day its break and sell in later day might produce some profit for traders. jadi intinya ya beli pada saat break jual 1 hari kemudian .... . Hope this will help.. Happy trading... Will I Am Chen... GBU

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