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…

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Pocket Pivot: How to Read Demand Before the Breakout

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…

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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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Institutional Sponsorship: How to Read the I in CAN SLIM

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…

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Read more about the article FSLY +123%: the earnings-gap base breakout, May 2020
FSLY on the 2020-05-07 breakout entry, from my chart archive

FSLY +123%: the earnings-gap base breakout, May 2020

FSLY is back on traders' screens this week, climbing the StockTwits trending list, so it's a good moment to pull up the chart that made it worth studying in the…

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Read more about the article INCY +489%: a base breakout in the genomics mania, December 1999
INCY on the 1999-12-20 breakout entry, from my chart archive

INCY +489%: a base breakout in the genomics mania, December 1999

By late July 2026, INCY is back near the top of the day's gainers list as Incyte heads into its Q2 2026 earnings report, and that is reason enough to…

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Price Gaps Explained: The Four Types and What They Mean

Open any daily chart and you'll eventually find a blank vertical space where the candles skip a range of prices entirely. A stock closes Tuesday at 41.80 and opens Wednesday…

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Wyckoff Method: Four Phases, Five Laws, Volume Logic

A few months back I sat on a chart that had not moved in fourteen weeks. Wide range, dull tape, volume pulsing on the up-days and fading on the down-days.…

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VWAP Explained: How Volume Weighted Average Price Works

A stock gaps up four percent at the open. Volume runs ten times normal for the first thirty minutes. Price stalls near the 478 figure and the trader has to…

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Reading Volume: The One Input Most Indicators Miss

Reading volume reveals whether real participation backs a price move. How to interpret volume for breakouts, trends, and reversals before any indicator fires.

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