Trading in a week with a bank holiday is often a bit odd. A lot of traders take the whole week off, and the market has a different feel. Sometimes trades happen a bit later than usual, as though everyone is relaxing and taking their time. There’s always plenty of opportunity though. Here’s a nice little trade on DKS, a stock I haven’t posted here for a couple of months.
All pretty textbook stuff. The setup wasn’t the greatest ever, but the drop when it came was fast and furious — just the way we like them. The exit was signaled by a clear shift in momentum on the tape.