Shakeout
Buying on shakeouts, When the stock goes down on low volume it means weaker buyers exiting, Watch the stock and notice how quickly turns around comes right back up. In this case it took credit access exactly one minute to move from 576( days low ) to 590.
This means when the retailer/weaker buyers had moved out, institutes added more.
I bought more on when it moved above 588 i.e. previous days low. The stock now is 22% up from buy price.
This means when the retailer/weaker buyers had moved out, institutes added more.
I bought more on when it moved above 588 i.e. previous days low. The stock now is 22% up from buy price.
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