Index Extension Above the 50-Day Moving Average Explained

A base breakout clears its pivot on heavy volume, and the setup on the stock's own chart looks clean. The benchmark index closed at 4,780 that same day, with its…

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Disposition Effect: Why Purchase Price Distorts Exits

Two journal entries from the same breakout method can look almost identical at the moment of entry, and the disposition effect is often what pulls them apart later. A stock…

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Read more about the article POLA +446%: a base breakout that needed a second try, November 2020
POLA on the 2020-11-13 breakout entry, from my chart archive

POLA +446%: a base breakout that needed a second try, November 2020

Polar Power is back on traders' screens this week, and per the company's 29 September release it has a new trial order for 50 propane-fueled DC generators from a Southeast…

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Read more about the article DQ +592%: base breakout to an eight-month run, June 2020
DQ on the 2020-06-23 breakout entry, from my chart archive

DQ +592%: base breakout to an eight-month run, June 2020

DQ is back on traders' screens this week, so it's worth pulling up the chart that mattered most. In the summer of 2020 the stock closed at 13.77 on 23…

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Read more about the article NTLA +114%: a CRISPR base breakout, November 2020
NTLA on the 2020-11-04 breakout entry, from my chart archive

NTLA +114%: a CRISPR base breakout, November 2020

NTLA is back near the top of the trending lists this week, and every time a ticker like this reappears it is worth pulling the chart that made it interesting…

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Read more about the article NTAP +542%: the base breakout that ran with the Nasdaq, August 1999
NTAP on the 1999-08-12 breakout entry, from my chart archive

NTAP +542%: the base breakout that ran with the Nasdaq, August 1999

NTAP is back on traders' screens this week, in the days after its latest quarterly report, so it's worth pulling an old chart back up and reading it properly. The…

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Read more about the article EH +265%: anatomy of a base breakout, November 2020
EH on the 2020-11-23 breakout entry, from my chart archive

EH +265%: anatomy of a base breakout, November 2020

EHang, ticker EH, is back on traders' screens this week. The Chinese eVTOL maker posted its second-quarter 2026 results on 25 August, per the company's own release, and the stock…

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Read more about the article FUTU +1170%: a base breakout off the 2020 washout, May 2020
FUTU on the 2020-05-07 breakout entry, from my chart archive

FUTU +1170%: a base breakout off the 2020 washout, May 2020

FUTU is back near the top of the day's gainers, and that pulls a familiar chart out of the archive. Long before Futu Holdings was posting record quarters, the FUTU…

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Read more about the article AMR +1526%: the coal-cycle base breakout, December 2020
AMR on the 2020-12-07 breakout entry, from my chart archive

AMR +1526%: the coal-cycle base breakout, December 2020

AMR is back among the day's biggest gainers, which makes this a good moment to pull the chart that turned a forgotten coal miner into a textbook base breakout. In…

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Read more about the article MGNI +288%: the ad-tech base breakout, November 2020
MGNI on the 2020-11-04 breakout entry, from my chart archive

MGNI +288%: the ad-tech base breakout, November 2020

MGNI is back on traders' screens this week, near the top of the day's gainers list after Magnite's early-August quarterly report. That's a good reason to pull the chart that…

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