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,…
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,…
Two growth companies report on the same evening. The first posts revenue up 38% from the year-ago quarter, and the headline reads well. The second posts revenue up 33%, which…
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…
A mid-sized company issues a press release before the open. It describes a new product as "transformational" and "category-defining," names a large partner, and quotes a market-size estimate in the…
Picture an index chart that looks healthy. It closed the week at a new high, its 50-day moving average is rising, and the heaviest volume sessions of the month were…
Picture two growth companies that pass the same earnings screen in the same week. Both reported quarterly earnings per share up more than 40% for two straight quarters, both sit…
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…
Two stocks break out to a new 52-week high on the same morning. Same chart pattern, same volume surge, same clean handle. Six weeks later one has added 40 percent…