Hi Kartikeya. I agree with you and understand that generally, we need to see for 5-7 trading days to gauge the reaction. The idea here is that the strong stocks will attempt a bounce after selling....i.e. where is the demand coming. The earlier the bounce..., the greater its potency.
Great concept but too short a period used as an example . Interesting read nonetheless.
Hi Kartikeya. I agree with you and understand that generally, we need to see for 5-7 trading days to gauge the reaction. The idea here is that the strong stocks will attempt a bounce after selling....i.e. where is the demand coming. The earlier the bounce..., the greater its potency.
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