To get the most bang for your buck right now, the best way to trade is to focus on the short-term. Right now the market is volatile with peaks and valleys being created every other day.
At some point a stock creates a bottom, and, if not a bottom, at least a base before moving to the next trading level (higher or lower). The following stock charts all have the following in common – they were hit hard with a deduction in stock price and have created some sort of base for a possible breakout.
AK Steal (AKS)
Crocs (CROX)
OmniVision Technologies (OVTI)
More on this topic
(What's this?)
(OVTI) OmniVision Technologies Sinks on Dismal Outlook
(Stock Blog Hub, 12/1/11)
(AKS) AK Steel Holding Survives Infringement Scare
(Stock Blog Hub, 4/18/13)


