I am going to put some money to work using this strategy. Part of this strategy is buying the big dips, so I will have 3 buy orders in place. I am looking for big volume from months ago followed by a sell off. At that point I want the chart to look like it has an upset stomach or just isn't comfortable with its base. I do not care about the fundamentals so please do not comment on there debt to equity, EPS, liquidity, and so on. These are not quick hits!!!! This will take 6-8 months to work and they will be about low risk entries. My targets on these trades will be 40%+ returns.
I have used this strategy a couple of times with great success and this is an ongoing educational process for me. I am putting my money behind these so I obviously feel strong that this will be very successful.
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