Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and, as of 20 April 2021 (Eastern Time), the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Lv 7
asked in Business & FinanceInvesting · 1 month ago

was this last rally after a very volatile day today on march 5th 2021 actually a fake rally or "bull trap"? why it occured?

trading activity had slowed down a lot after the first half of the day and then at the end of the day all indexes rallied up 2 percent at least. why=?

1 Answer

  • Steve
    Lv 6
    1 month ago
    Favourite answer

    Traders will only let a stock go down so much before they cant stand the bargain anymore and start to buy back in again. 

Still have questions? Get answers by asking now.