Short covering versus buying looks the same to the untrained trader…
Video Training: We discuss how to interpret when a stock rallies after a down trend, and how to forecast the next move in price action.
There is a very distinct difference. When you understand how to spot it, you will be able to eliminate a short-sale that has a lower probability to make new lows, as well as you will get great, early entries on a potential new trend.
Short covering in WYNN vs. new buying in LNKD
Video Replay: Pre Market Game Plan Meeting | June 10
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The meeting begins at the 9:00 mark.
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