Breakout Pivot and Price Extension in Base Patterns

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…

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Historical Chart Study: How to Learn From Past Breakouts

Two growth stocks finish their bases in the same quarter. Each one ran more than 100% in the months before, built a tidy six- or seven-week consolidation about 10% deep,…

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IPO Base: Reading the First Consolidation in a New Stock

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…

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Flat Base Pattern: How a Shallow Consolidation Forms

A growth stock has climbed from 42.00 to 68.50 in fourteen weeks, and then it stalls. For the next seven weeks the weekly bars drift sideways. Price never trades above…

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