by John Jagerson Extremely volatile markets create an environment for the formation of a very specific type of technical price pattern. The "Dead Cat Bounce" pattern (DCB) may have a macabre name but it comes with very nice profit potential and is relatively easy to identify. At its heart the DCB is a great study in investor psychology. It occurs when investors have panicked or have been caught by surprise which is why the pattern occurs most frequently in bearish and volatile markets. Investor psychology comes into play because traders are likely to become fearful a[...]
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[Source: The Money Blogs]
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