Bottom Fishing Strategy & Phoenix Recovery: Catching Oversold Rebounds
The Bottom Fishing and Phoenix Recovery models are engineered to spot equities experiencing steep price corrections that show structural signs of institutional re-accumulation at critical support floors.
Bottom Fishing Safety Criteria
Buying falling stocks carries inherent risk. To safeguard capital, JerungBursa applies strict screening criteria before listing bottom-fishing candidates:
- Proven Support Floor Touches (Floor Touches ≥ 4x to 10x): Support levels must be historically retested and held at least 4 times.
- Extremely Oversold Metrics: RSI (14) momentum oscillator trades in deep oversold territory (< 35) showing Bullish Divergence patterns.
- Strict Stop Loss Execution: If price breaks 3% below the primary support floor, position exits must be executed immediately without hesitation.
💡 Risk Warning: Never bottom fish on penny stocks without verified institutional floor touches. A falling knife with zero floor support can easily drop another 50%.