Look at ZPAS on May 10th. When the stock price dropped at the beginning of the day, it was a good dip buy. If you bought in the low 2s, you could have sold it for a little over $3 per share later that day. Not every dramatic price drop will behave like this but when a stock has been pumped up for a long time then there is a great chance that it will.
The dip doesn't always have to be that dramatic. It's a big change from a bunch of sell orders that drop the price, followed by a bunch of buy orders that make the stock price keep rising. They happen a lot at the start of the day.
Can you explain what a dip is ?
Look at ZPAS on May 10th. When the stock price dropped at the beginning of the day, it was a good dip buy. If you bought in the low 2s, you could have sold it for a little over $3 per share later that day. Not every dramatic price drop will behave like this but when a stock has been pumped up for a long time then there is a great chance that it will.
The dip doesn't always have to be that dramatic. It's a big change from a bunch of sell orders that drop the price, followed by a bunch of buy orders that make the stock price keep rising. They happen a lot at the start of the day.
Thanks so much. Makes perfect sense.
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