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Have you ever noticed how a stock's price never seems to go straight up (or down)? It's always a rollercoaster of rallies and retracements. While the former gets all the glory, the latter can be just as lucrative if you know how to play it right. So let's unpack this "retracement" thing, shall we?
Trading is an exhilarating ride, full of ups and downs, twists and turns. But even the most seasoned traders need a breather every now and then. Enter: the pullback, a temporary pause that catches your breath before the next big move. Buckle up, folks, because we're about to dive into the wild world of pullbacks!