Entering a trade after a gap - Suggestions

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?


AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock    No Thanks