2 Smart Tips to Enter Pullbacks in Parobolic Breakout Stocks
Often with explosive stocks and leveraged sector ETFs like NUGT, pullbacks off parabolic breakouts can be volatile, and difficult to enter. So just how do we figure out our entry level?
There are two ways to do it. The safe route is to wait for a confirmation move. For instance, a positive candle pattern. The riskier route is to take a stab once the stock becomes oversold.
When choosing
There are two ways to do it. The safe route is to wait for a confirmation move. For instance, a positive candle pattern. The riskier route is to take a stab once the stock becomes oversold.
When choosing
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