Tags:
anticipatory buy with MSFT AMZN and rest of software bouncing and well off lows. Also SPX bouncing off key 3950 level.
Execution detail:
I actually like these types of trades a lot. Where a sector is moving together based on some catalyst and there is a laggard reactor. I find them to be very high probability and allow you to size in with minimal risk.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Confident entry! Had a feeling that new low would reclaim.