How to trade an oversold bounce

How to trade an oversold bounce

When markets trend lower some of the sharpest rallies occur on so called oversold bounces. For the active trader those oversold bounces can be lucrative to take advantage of as it means quick money with well-defined risk. Here is my take on how to play these bounces....
Profit from the plunge : 5 stocks to watch

Profit from the plunge : 5 stocks to watch

As the S&P and global indexes slide through critical support levels the key question amongst professional traders is will the Fibonacci and trend line support levels on the S&P 500 hold. A cluster of support from the 100 day MA ,22.3% Fibonacci retracement...
Trader Puts On Bearish Trade as AVP Hits 52-Week Low

Trader Puts On Bearish Trade as AVP Hits 52-Week Low

Avon Products, Inc. (AVP) is a manufacturer and marketer of beauty and related products. The Company’s product categories are Beauty and Fashion & Home. Beauty consists of color, fragrance, skincare and personal care.  AVP is currently trading around $12.62 in a...

Get Our Free Daily Trading Videos

Delivered To your Inbox

By submitting your information you agree to our Terms of Service and our Privacy Policy