Entering a trade after a gap - Suggestions

SkyLarkIII

Newbie
2 0
Hello -

I am interested to learn how traders that are largely trend based approach stocks that have had large gaps up.

For example: PINS yesterday soared +26%. On all conventional trend based indicators it is still a strong buy. RSI has been overbought for a while now.

What would be your approach to this for entry? Wait for cool down or just get in as if on breakout? If wait for pullbacks, what sort of pullback are you looking for?

Thanks

SkyLark
 
 
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