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Trade review on FST that we took today.  This is a good example of what happens to a beaten down stock that snaps back.  A stock like this can run over the course of several days. 

What we like to see is:

-Big market sell off

-A stock that has sold off more than the market

-Oversold on Stochastics - under 20 but under 10 is better

-Temporary bottom in place

 

                       

Get Ryan's Top Six Trade Setups for Profitable Trading eBook for Free!

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