Text to Search... About Author Email address... Submit Name Email Adress Message About Me page ##1## of ##2## Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec



404

Sorry, this page is not avalable
Home

Recent Articles

Breakout anticipation setups for May 1, 2014

0
For anticipating a breakout I look for following:


  1. stock should have established momentum (it should be in uptrend)
  2. should have linear moves 
  3. as  far as possible should not be up 3 days in a row with 5% plus moves
  4. should have orderly low volatility pullback or sideways consolidation
  5. As far as possible consolidation should have series of narrow range day

SEM is an example of that kind of setup. It has 14 days of sideways consolidation. Yesterday was narrow range day. This kind of setup if it breaks out with high volume can offer 8 to 20% opportunity in 3 to 5 days. It can also breakdown to downside.

Here are more stocks like SEM I am watching for possible breakout in next few days:


Become a member Methods

No comments: