Low tide ripe trade

[Nevaehp]

Hello, what is low tide ripe trading? I heard someone mention it, but I'm trying to find an explanation of this trading strategy on the internet and I can't find it. Thanks

[Tuesdaynight]

Low tide ripe trade

Ripe > high

Tide > down

buy when down - sell when high

[Husires]

It's a strategy that looking for a bad day in a long-term bull market, for example when there was a problem with closing oil regions due to hurricanes or a software failure or what happened recently with Facebook.

People tend to buy an asset whose price will rise or fall below its true value, and therefore when the price returns to normal (a rebound occurs), the gain will be quickly achieved.
They represent the bloody days in an upward wave. For example, if an exchange hacked or bad news affected the price in the short term, it represented good buying points and so on.