News Focus
News Focus
Followers 295
Posts 43201
Boards Moderated 2
Alias Born 08/21/2003

Re: spencaround post# 2534

Tuesday, 03/11/2014 5:25:47 PM

Tuesday, March 11, 2014 5:25:47 PM

Post# of 44498
A lot of traders will set a price they will stop their losses at...in other words, those who bought .63's the other day may say, if .59 breaks down, I will sell at loss to keep my losses at a minimum...I believe .58 was a major stop loss trigger on BAA...I see it the opposite, I see it as a major buy opportunity on the fear of others...usually they do these type of "sweeps" just before a big move to shake out weak hands & get shares cheaper before the move...I hope this helps, feel free to ask questions as you have them...Good luck!

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today