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Buying on Weakness Definition
What does “Buying on weakness” mean? Buying price action weakness is a trading strategy that enters into a long positions by stepping in and buying on a chart while it is still falling before a reversal in price. Traders buying weakness are buying a stock, call option, future contract, forex pair, or crypto currency for an anticipatory price bounce and move back higher. When a trader is buying on weakness they are not waiting for the confirmation of a price reversal, they are buying new lows as they are occurring. Buying weakness can happen at the lows of the day, week, month, 52-week lows, or all time lows in ... (full story)