#ReboundRally
Rebound Rallies: A Temporary Turnaround
A rebound rally is a short-term price increase in a declining market. It's often driven by short-term factors like profit-taking by short-sellers, oversold conditions, or positive news events.
Rebound rallies can be deceptive. While they offer temporary relief, the underlying bearish trend may still persist. Traders should exercise caution and avoid chasing rebounds without a solid trading plan and risk management strategy.
Disclaimer: This information is for general knowledge and educational purposes only and does not constitute financial advice.