2LYNCH : framework for finding good breakouts in 4% , $ , LTB , 9 million b/o
2 not up 2 days in a row Asmall up day before b/o is fine.
L linearity of prior move
Y young trend 1 to 3 rd b/o from consolidation is low risk. As trend ages risk of failure increases.
N narrow range day or negative day pre breakout
C consolidation/pullback is shallow, orderly and compact with narrow range bars and low volume . no more than one 4% b/d in consolidation
H close near high of the day
Which Scan will find this stock yesterday
Stockbee Dollar breakout scan
How can you find it before the breakout ( Ant setup)
Using Stockbee Ants 99 plus anticipation setup
Or
Usong Stockbee FHP ( Focus on High Priced stocks) method
What kind of OLC ( organise like crazy ) will ensure you do not miss setups like these
Have Stockbee Combo scan in place
Have Stockbee Ants 99 scan in place
Have Stockbee FHP process nailed down
Do the anticipation work between 3.30 to 4 pm Or After market close.
Setup Alert on Price.
How many setups like these you can find in a year
Hundreds if you setup a process to find and trade them
If you can breathe , eat , sleep , and use computer , you can do this.
If you do this daily you will make money.....
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