Entries from a "V" Reversal
07/02/2013 6:00 am EST
“V” top and bottom reversals are often the most challenging to trade, notes Ron Wagner. We don’t need to get in at the exact bottom, but being aware of an impending reversal and the quality of the decline before a potential entry, can make a large difference.
Both the market and specific stocks can move up or down much more than might be expected. These moves, from an overreaction to bad or good news, can provide extremely lucrative opportunities for those that know what to watch for.
In less than six minutes, Ron will show you some tips on recognizing a “V” bottom in this short video.