Very true. DROP was a good example of an oversold play. The drop on that one was ridiculous. The key is watching for a reversal as was the case on DROP early in the week. You may not get in at the bottom but it is safer to wait for a a sign of some Green and turning up before buying in. HBRM was another example this week. I posted on it a few days midweek as it had 2-3 large drop days after having come down over the past weeks. Friday it bounced nicely after hitting the 52 week low.
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