I will chase a stock I've exited prematurely. So far, I've had more successes than failures doing this, but they have not been China stocks, which can trade all over the place.
I really went out on a limb this week, repurchasing MED at the 52-week high. Originally I entered at $6.
Whether it is wise to reenter depends on the quality of the company and your trading strategy. I tend to hold a stock 3-6 months on average, though I'll sell within days of purchase it is goes ape!
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