After a sharp decline, the probability of a rebound is 80%! High-end recommend buying momentum stocks in US stocks on dips.

According to the Wisdom Financial APP, the trading department of Goldman Sachs Group stated that, drawing lessons from history, the significant drop in momentum stocks that have recently shown strong gains may provide an opportunity to buy on the dip. Traders pointed out that the rebound performance of the Goldman High Beta basket of momentum stocks after similar declines in the past, along with the current technical trend, supports their view. They stated in a client report: "In the past, when a basket of long-short momentum stocks dropped by 10% or more in five days, there was an 80% probability of rising in the following week. The median return rate for the next week is 4.5%, and the median return rate for the next month exceeds 11%."