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RE: Trade Opportunity Panic Dive SingularDTV (SBGLS)

in #trading7 years ago

I've added an image to clarify. The white bar is the base I identified, which had a nice bounce upward, and the red arrow is the slow drop below this base which I wasn't sure counted as a buy area. I eventually ended up making a nice trade by buying at 2.05 and selling at 2.39 but I'd like to know if my thought process is valid. Thanks!