FAST Trade

I did not trade this stock but wanted to mention it because most of the gap downs did this pattern and I wanted to make sure that one does not confuse this with the "Fade play" strategy that I do sometimes. This is not a fade play because the gap down was not big enough. This is just a gap down that happened to go up. This is not one of my strategies. If anyone plays this then one should play it on the rebound when the big red bar was ignored. Playing it at open does not have  a high probability of success.. be cautious.. learn the correct strategy.

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