Beating Alpha

iterating towards truth

Quotes

Buying on pullbacks

This point is key: I like to see these stocks pullback to support levels on LOWER VOLUME. Sometimes the pullback is pretty intense, especially in higher priced stocks. But, as long as the volume is average or, better yet, below average, I stay the course. If this occurs I am pretty confident that this is still a pullback and not a reversal.

source: smbtraining.com

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