When to Expect a Pullback

When a stock is following a specific trend, many traders assume that it will continue to follow that trend for a while, barring some external impact (like a new headline or an earnings report). But the stock may also face a retracement or a pullback, where the activity breaks out of the trend. Master trader Sami Abusaad takes a look at which stocks could have a change in movement and how traders can anticipate those changes.

In this video, Sami explains: 

  • Why he’s going to continue calling SPY “all-out bullish”
  • What happens when a stock grinds up
  • When you should expect a pullback
  • What he likes about ANAB
  • How to determine an entry price based on a moving average