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Home Posts bottoming

The Bottoming Process

sspencer08/02/2010General Comments, Steven Spencer (Steve's) Blogs, Technical Plays, Trading TheoryLeave a Comment

There is a lot of money to be made in a stock that has been beaten down.  Generally, after a stock has been destroyed for some fundamental reason it will have some type of longer term bounce where traders can gather information from its price action over the course of several weeks.  In the case of RIG it bottomed back … Read More

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