T+2
Small cap runner that pulls back and bounces.
What it looks like
Small cap runner on big volume (25 million+). Pulls back and consolidates on the second day on small volume (liquidity dries up). Look for a push on the 3rd day towards previous day highs.
Entry
Enter on a break of the previous day highs or key line.
Where I'm wrong
Any fails at the key line or entry.
Targets
Any big exhaustion, look for exits.