I wonder that myself. I think that the place where the big drop was stopped might be more significant than the bounce level.
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I wonder that myself. I think that the place where the big drop was stopped might be more significant than the bounce level.
I would say that the general area would suffice. These are long trades so scale in. Even if you came in a little high, you would have caught a lot of the drop by scaling in and made money all the way up.