Failed Breakout: Reading the Sequence After the Pivot
A growth stock spends seven weeks building a flat base under 48.20, then closes at 49.35 on volume running 2.1 times its 50-day average. Two weeks later it might be…
A growth stock spends seven weeks building a flat base under 48.20, then closes at 49.35 on volume running 2.1 times its 50-day average. Two weeks later it might be…
Two traders watch the same base. The top of the range sits at 100.00 and the nearest chart-failure level is a support area at 96.00. One gets a fill at…
A growth stock has spent seven weeks moving sideways between 46.80 and 52.10. The 50-day moving average sits at 48.90 and is still rising. On a quiet Tuesday the stock…
A growth stock climbs from 18.40 to 39.10 in seven weeks, a gain of 112.5%. Most charts that go vertical like that give a large part of the move back.…
A company lists with an offer price of $22.00, opens at 31.50, trades as high as 38.20 in its first session and closes at 34.10. Six weeks later it's trading…