Below is a link that will bring you to the next trade alert from The Equity Oracle:
This is one of the few times when we are placing a limit buy order below the market to initiate the position. As I’ve mentioned to you in the video, our game plan is to wait for the gap to fill before we buy the stock and ride the price up after the stock reverses from the gap fill point.
I’ve attached a PDF file that explains the details behind this trade along with the risk management notes that can be found at the bottom of page 2.
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