Ultra high volume moves are very profitable | stockbee

9/11/2019

Ultra high volume moves are very profitable



Big volume breakout or breakdowns can allow you to put larger position size and as a result make more money.
Big volume like you see in ROKU above where it has had several 20 million plus breakouts or breakdowns shows footprints of larger players and offers you high conviction trades.
I scan for 9 million plus volume breakouts. Often such breakouts happen at beginning of major moves.
If you are serious about making money trading add this setup to your toolbox. 

3 comments:

AnthonyB said...

Great post Pradeep, thanks.

SHM said...

i TRIED TO COPY FORMULA BIG VOLUME BREAKOUTS BY HAND AND IT CAME UP ERROR.cAN YOU PRINT FORMULA TO COPY AND PASTE.tHANKS sAM AT SHM762@RCN.COM

Pradeep Bonde said...

maxv65>=8900000 and avgc7/avgc65>=1.04 and minv3.1>=100000 and c>=5