Since I showed that table a month ago we have had SIX more 5% drops. Five of the six saw the same pattern with some kind of bounce in the next few days. Below I’ve updated the table which lists all 5% drop days and whether they closed above the 5% drop day close in the next week.
2 comments:
Little confused by wording, do you mean 5% drop recouped, or simply that next day close above the 5-down day close?
Not recouped. Just how long it took to close above the close of the 5% down day.
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