
My favorite setup is to buy stocks near to support and showing signs of bullishness. I have put in 3 levels of resistance and 2 levels of support for profit taking and cutting loss.
Do expect some chopiness in the coming few days as there will be people who think it is still on a downtrend. The market is generally overbought with poor sentiment, though the expectation of non-farm payroll this friday is generally good.
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