I love this pattern. This is the one and only one i am perfecting. Like a sniper. 3 components: #1-Stock is running up to a trigger point: multi day/week/month/year high. #2: Has high volume. #3: stock has clear support bellow the breakout point. What to do. When market open two thing will happen. 1 either the stock will drop down to former support for a quick morning dip, in this case you buy the dip on the first green candle or when it breaks out-DO NOT CHASE. Or two, the stock goes immediately up to the breakout point and breaks through, in which case you buy the breakout and risk off that clear support. After the first dip and the stock begins to make its second leg, you sell 1/2 or all your shares into the strength.
Posted Sep 20, 17 10:56 AMbySebastianjhugo
Tickers
CAPR
Received 1 Karma

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