The Mysterious Case of the Reset Base Counts The stock market has been on a tear since August 4, and one key factor behind this surge is a little known strategy called "resetting base counts.
" Savvy investors use it to gauge when to buy or hold onto leading growth stocks. But what exactly does it mean, and how do these traders use it to their advantage?
The Anatomy of a Reset In trading, a "base" refers to a stock's price level that serves as a benchmark for further growth.