Low Hanging Fruit

Getting stuck in the habit of looking for the ‘next big stock’ and forgetting about…

stocks that were in play a few days ago will make you miss the easy ‘low hanging fruit’ trades. Many times you’ll see stocks that were in play days ago retest s/r levels and blow right through them. Case in point was $GDOT this morning. It gapped down on the 21st then traded sideways the following day. Day 3 (today) price just blew right past support. Down 3 ½ points as of now. Perfect example of big money scaling in and out of positions.

Besides the obvious, $CONE was another day 3, down 2 points as of now.

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