Many traders think that buying a stock is like buying a shirt in the store, IT IS NOT!
Buying a stock is like buying a PINEAPPLE, if you understand PINEAPPLES, you understand stocks.
1 - first you have the first sprouts of the pineapple, that came from a seed, this price is extremely cheap.
2 - then the plant grows, and you have a full plant with leaves....
How to trade a temporary pullback and a breakout gap?
Some security will make a temporary pullback before making a new high with a breakout gap.
How to trade a temporary pullback?
A trader may be bearish during the temporary pullback formation. A trader may consider going short during this pattern formation or the trader may consider waiting to avoid...