It was a well planned trap for retail & I'm sure many got trapped today.
If LT gives a low volume test of today's low, enter long upon price reversal confirmation. Keep an eye!
Will explain this via chart in the evening.
6) This was a good enough signal after despite of such bad news it didnt fall further in 1st 10min
8) Candle 3 is weak Doji but it broke the high of candle 2. Indecision!
9) Candle 4 broke the low of candle 3 but bounced back sharply & closed near highs. Shows strength
11) Next good entry is yellow line which is abv candle 3 high which means price has refused to go down in 20 minutes
Always be alert on such news driven stocks. Think different, be different & act differently.
That's the power of #PriceAction. Trust me all indicators will be in Sell mode when we buy like this. Check it to believe it!