Failed dip example:
- Immediate high volume bounce is rejected
- This news is Share Dilution
1. Buy the right dips
Not all dips will bounce. Especially when stocks have news like
- Reverse Split
- Overly hyped news
But when they do bounce, it happens really fast. So act fast when you find the right dips!
2. Sell into breakouts
Penny stocks can run high really fast! But the higher it goes, the more risk you will take. The most important thing is to see if the breakout will follow up with the right price actions. If not, get out quickly!