#NasdaqETFUpdate A bounce in trading is a temporary price movement in the opposite direction of the main trend. Traders seek to exploit these bounces to open or close positions. The bounce can be caused by various factors, such as profit-taking or reactions to market news. To take advantage of bounces, traders use technical analysis tools like support and resistance levels. It is important to manage risk and have a well-defined strategy to operate successfully during bounces. The main trend may resume after the bounce.
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