DELL March 13, 24 How I use gap up to buy and sellOne of my favorite technique to buy a strong stock on huge gap up is
Wait for some days after the gap up to see a range would be formed.
From here I have 2 choices
If a stock will go up an upper range, I will buy it as soon as the stock crossing up, stop loss if it will go back to the range
If a stock will move down to the lower range, I will buy as closed to the lower range as possible, stop loss if the stock moves down further
NYSE:DELL falls in to the second case. I bought it around $114 yesterday very closed to the lower range (the purple line) and then sold it today around $110 as the stock crossed down further