Discover and read the best of Twitter Threads about #Breakouts
Most recents (7)
In a #Bull #Market, new stocks break out on high #Volume every day. One of the challenges of a #breakout trader is find the best #BreakoutStocks to buy because they go up so fast that often it is hard to get a low-risk entry.
Here's a thread on one way to go about doing it.
Here's a thread on one way to go about doing it.
1) To find the best #breakoutstocks, one has to focus on the right sector and then monitor #stocks within that sector for #volume #breakouts. Eg. #PSU Banks did a very strong #breakout recently with most of the stocks within #NIFTYPSUBANK index giving a 50% gain in a short time!
2) First let’s see what happened in this sector in terms of the sequence of #breakouts. #NIFTYPSUBANK broke out of a sound base on 24th Oct, 22 as below. The leaders within this sector broke out even before the index broke out, e.g. INDIANBK, CANBK, UNIONBANK, BANKBARODA. 
#breakouts to watch
Yesterday some good breakouts were observed ...listing them for your study ...
♻️RT for sharing the opportunity...
Yesterday some good breakouts were observed ...listing them for your study ...
♻️RT for sharing the opportunity...
#seshapaper 310.7 - sectorals supportive and strong fundamentals
#bharatforge - defence theme gaining strength
#MULTIYEAR #BREAKOUTS #STUDY with examples
But first some key points
There is no Definition of Multiyear breakouts. But if the stock breaks out of its range or any other pattern after 5+ years then it can be considered as multiyear breakout.
...
But first some key points
There is no Definition of Multiyear breakouts. But if the stock breaks out of its range or any other pattern after 5+ years then it can be considered as multiyear breakout.
...
Usually this kind of breakout happens due to tailwinds in some sector or due to the disruption in the sector.
For eg: last year due to covid-19, Pharma sector co’s created huge wealth for their investors.
For eg: last year due to covid-19, Pharma sector co’s created huge wealth for their investors.
Also look at the IT sector specifically those involved in data related business or AI or ML or any high tech apps, this sector is also getting hot, along with API’s, chemicals and energy sector for next wave of disruption.
There are 4⃣ type of #BREAKOUTS
1⃣ Breakout with no retest
2⃣ Breakout with a re-test
3⃣ Breakout with a hard re-test
4⃣ Failed breakout.
We Will Explain it one by one with examples. Kindly Retweet it if you find it useful. #Nifty
1⃣ Breakout with no retest
2⃣ Breakout with a re-test
3⃣ Breakout with a hard re-test
4⃣ Failed breakout.
We Will Explain it one by one with examples. Kindly Retweet it if you find it useful. #Nifty
1⃣ Breakout With No Retest.
In this type of breakout, your stop loss becomes the lower boundary and your target is the depth of the boundary (712-614) = 98 points. Thus target becomes 712 + 98 = 810. Which gets achieved!
In this type of breakout, your stop loss becomes the lower boundary and your target is the depth of the boundary (712-614) = 98 points. Thus target becomes 712 + 98 = 810. Which gets achieved!
2⃣ Breakout With A Re-test.
In this type of Breakout we see the stock retesting its breakout and beginning it's upward journey again. We base target in this on the height of the triangle added or subtracted from the breakout price.
Sl near highest tested support on 1 Hour TF.
In this type of Breakout we see the stock retesting its breakout and beginning it's upward journey again. We base target in this on the height of the triangle added or subtracted from the breakout price.
Sl near highest tested support on 1 Hour TF.
There are 4⃣ type of #BREAKOUTS
1⃣Breakout without any retest
2⃣Breakout with a re-test
3⃣Breakout with a hard re-test
4⃣Failed breakout
Following tweets explain each one of those with examples from recent breakout alerts
1⃣Breakout without any retest
2⃣Breakout with a re-test
3⃣Breakout with a hard re-test
4⃣Failed breakout
Following tweets explain each one of those with examples from recent breakout alerts
1⃣ Breakout without any retest
If you have a stop-loss placed below the chart pattern boundary, this is the easiest to trade. Following the breakout your stop-loss will no be challenged and price target will be met.
#BAES #FTSE #UK
If you have a stop-loss placed below the chart pattern boundary, this is the easiest to trade. Following the breakout your stop-loss will no be challenged and price target will be met.
#BAES #FTSE #UK
2⃣ Breakout with a re-test
If you have a stop-loss placed below the chart pattern boundary, this type of trade may test your patience but still will not challenge your protective stop-loss. Chart pattern boundary will even offer a new entry opportunity.
$NDAQ $QQQ
If you have a stop-loss placed below the chart pattern boundary, this type of trade may test your patience but still will not challenge your protective stop-loss. Chart pattern boundary will even offer a new entry opportunity.
$NDAQ $QQQ
Analysis: #NASDAQ $AAON
Case 80 #AAON Inc
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#AAON 1/4
Case 80 #AAON Inc
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#AAON 1/4
Chart 1
Monthly Chart: A super up trend with shallow pullbacks. Cluster resistance preventing price from registering a new all time high above 53.27 set in July 2019. The long term target is 66.65 but price first needs to clear 57.00, the downside is protected by 30.90.
AAON 2/4
Monthly Chart: A super up trend with shallow pullbacks. Cluster resistance preventing price from registering a new all time high above 53.27 set in July 2019. The long term target is 66.65 but price first needs to clear 57.00, the downside is protected by 30.90.
AAON 2/4
Chart 2
Weekly Chart: The summer trading range of $5 still persists and failed #breakouts on both up and down can be seen. Expecting price to drift lower and towards the #SMA 200 and #trendline support. around 36.50/25.
AAON 3/4
Weekly Chart: The summer trading range of $5 still persists and failed #breakouts on both up and down can be seen. Expecting price to drift lower and towards the #SMA 200 and #trendline support. around 36.50/25.
AAON 3/4
I would be more than happy to guide on anyone who wishes to start learning #NimblrTA
The idea is let's do it for next 30 days and review where we are and what change it may bring.
Content is what is readily available but would be done in steps.
@Deishma @AhoNiranjana
The idea is let's do it for next 30 days and review where we are and what change it may bring.
Content is what is readily available but would be done in steps.
@Deishma @AhoNiranjana
#Topic #NimblrTA #Strength #Candles
Content for study
nimblr.pbworks.com/w/page/1252326…
Once done you may ask queries or if something is not clear or may have feedback, open discussion and learning.
Efforts will be yours to enlearn!
Content for study
nimblr.pbworks.com/w/page/1252326…
Once done you may ask queries or if something is not clear or may have feedback, open discussion and learning.
Efforts will be yours to enlearn!
#Topic #NimblrTA #Strength #Candles
About Breakout Candle
deishman.wordpress.com/2017/08/19/bre…
Acknowledge the tweets with
1) Questions
2) Feedback
Once you complete the topic must mention your participation through a tweet or like so it's known how many are following
About Breakout Candle
deishman.wordpress.com/2017/08/19/bre…
Acknowledge the tweets with
1) Questions
2) Feedback
Once you complete the topic must mention your participation through a tweet or like so it's known how many are following
