Rally after shakeout... Tradable or not?

Discussion in 'Trading' started by itmediaco, Sep 11, 2006.

  1. I have this 5 min chart of EPIX from 8/11/06 where it appears there was a market maker shakeout, followed by a rally.

    I haven't backtested this to see the reliability of going long after the event... but has anyone traded this situation with success?

  2. Bid/ask chart,
    unfortunately I don't have T&S