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Quotes of the day:
Stay beautiful stay off drugs -Johnny Wowk AKA Johnny The Walker
A bear trap is a technical pattern that occurs when the performance of a stock, index, or other financial instrument incorrectly signals a reversal of a rising price trend. The trap is thus a false reversal of a declining price trend. Bear traps can tempt investors into taking long positions based on anticipation of price movements which do not end up taking place.
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