#MarketRebound Understanding how to buy on a rebound:

Rebound buying trading strategies are typically identified from technical patterns. There are numerous patterns that can be used with various trading strategies and can also be implemented to profit from a rebound buying strategy. When a security falls to a support level, a trader may buy a position anticipating a short-term rebound.

Rebound buying trading opportunities are identified when a security reaches its support trend line. Securities generally trade within a specific price channel range for an extended period, fluctuating their price within the resistance and support ranges.