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Major Gap Fill Opportunity After Double-Digit Drop: Technical Breakout Setup Explained
Three setups. One focus. Every weekday.
Discover a powerful technical setup following a major price decline that positions this stock for a significant gap fill opportunity. In this video, I break down the critical support and resistance levels along with trendline analysis that could signal a substantial move to $83.23. I'm Benjamin Pool, Head Trader at Verified Investing, and I'm sharing the same technical analysis approach I use on my daily "Top Trades of the Day" show every weekday at 8:45 AM. This setup demonstrates how sharp declines can create high-probability bounce opportunities when combined with gap fill analysis, key support levels, and trendline patterns. Whether you're new to technical trading or an experienced trader, you'll learn how to identify oversold bounce setups and understand the risk management strategies that can help protect your capital while targeting these gap fill levels. This technical formation shows why understanding support zones and price gaps is essential for maximizing profit potential in volatile market conditions.
#StockTrading #TechnicalAnalysis #GapFillStrategy #SupportAndResistance #TrendlineTrading
Want to use the same charts as the Verified Pros? Check out TradingView here: https://www.tradingview.com/?aff_id=158719
#RSITrading #TechnicalAnalysis #HeadAndShoulders #BearishPatterns #NuclearStocks
📺 About the Show:
Trading with RSI (Relative Strength Index) is a powerful tool that not enough day traders and swing traders utilize. Join Verified Investing's Head Trader Benjamin Pool for Today's Best Trade Setups as he shows you how to get the most out of this key indicator for your trades. Each weekday at 8:45 am ET Ben walks through his best Trade of the Day during the premarket, using RSI as his guide. Each episode, Ben will recap how the previous day's trade performed and provide his next daily trade setup prior to the market open.
🔗 About Benjamin Pool: https://verifiedinvesting.com/pages/profiles/benjamin-pool
📘 Show Details: https://verifiedinvesting.com/pages/show/rsi-trade-of-the-day
🌐 Visit Verified Investing: https://verifiedinvesting.com/
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