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Trading > ATM Wallstreet

HBHC Trade of the day

ATM Wallstreet | Wed, 01/21/2009 - 11:41am | Day trading, Gaps |  Add a comment

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After a stock has been in a down trend on the daily chart. Like HBHC then gaps down in an excessive manner it's more than likely ending the move downward. This is the process of the market in which it shakes out the weak hands and the big boys come in and buy up the stock. All I do as a trader
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