Clay- First off thanks for your charts and explanations! My question would be is there a pattern to the short traps as you call them. Is there a certain duration that is typical? I would simply like to use the new highs followed by sell offs as sell and buy back opportunities to increase my # of shares. I can see the last two quick rises followed by pull backs. I'm guessing we're about to see another. You're best guess as to how soon the pull back might happen and the depth it might fall to.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.