When has GTE EVER NOT retraced after news?
huh ?
"Please educate me."
IS THERE ARE SINGLE SOLITARY INSTANCE?
If GTE has a gap up open on monday,
or a post-open $pike, then - imho -
that will be a LARGE NEON RED SIGN SCREAMING,
"SELL, STUPID!"
together with a CLAXON BELL CLANGING AT VERY HIGH VOLUME.
pLEASE UNDERSTAND THAT SWING TRADERS SELL BECASUE WE ARE BULLISH
BUT WE ARE ALSO CHEAP. IF NOT BROKE.
AND BECAUSE WE ARE BULLISH, WE WANT TO BUY MORE SHARES WITH THE SAME MONEY AT A LOWER PPS
SO WE SELL HIGH
AND BUY LOWER
WHAT A CONCEPT !!