Tag Archives: Bottom Trading

Bottom Trading

An easy-to-see, obvious reversal is the Island Reversal. It provides a dramatic reversal inĀ  that the enthusiasm that sent a price in a particular direction is countered with the same enthusiasm going the other way. In the example of Orbital Sciences Corp. ORB, Figure 29, the up-trend can be easily seen. At the top, after the buying enthusiasm created a long bullish candle, the

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