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05 October 2011
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
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