Author: Jeff Clark, Jeff Clark Trader

They’re now deep in oversold territory and due for a dead-cat bounce.

These chances only come along once or twice each year, and traders who are ready for them stand to make huge returns.

Technical conditions are now so stretched to the downside, that the risk/reward setup now favors the buyers.

If it can make a decisive breakout above $2.80, then there’s a good chance it could run as high as $5 over the next two months.

This is a dangerous time to be putting fresh money into the stock market.