Steve Spencer, partner at SMB Capital, discusses an ADBE trade he’s been in for a couple of months.
Highlights from this trade:
1) Stocks correct through price or time.
2) Signals to enter a counter trend trade.
3) Knowing when to get out of an extended stock.
Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 17 years. His email address is: [email protected].
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