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A MEGA THREAD ON 📕
RETEST TRADING !
DO EVERY STOCK RETEST AFTER BREAKOUT ?WHEN TO TAKE AN ENTRY ?
WHICH IS BETTER ?
RETWEET AND LIKE ❤
@kuttrapali26
@rohanshah619
@Mr_Chartist @AmitabhJha3
RETEST TRADING !
DO EVERY STOCK RETEST AFTER BREAKOUT ?WHEN TO TAKE AN ENTRY ?
WHICH IS BETTER ?
RETWEET AND LIKE ❤
@kuttrapali26
@rohanshah619
@Mr_Chartist @AmitabhJha3
2/
What is RETEST ?
When a stock Breaks out of a range that is called a breakout point .
The resistance that it was facing should now act as support .
Retest means after the Resistance is broken the stock comes back to take support in that region
What is RETEST ?
When a stock Breaks out of a range that is called a breakout point .
The resistance that it was facing should now act as support .
Retest means after the Resistance is broken the stock comes back to take support in that region
3/
MAJORITY of time stock comes back to test the previous breakout region .
I have seen that 90% of The breakouts gets tested again !
And most REWARDING EXPERIENCE for me is during Retests only
MAJORITY of time stock comes back to test the previous breakout region .
I have seen that 90% of The breakouts gets tested again !
And most REWARDING EXPERIENCE for me is during Retests only
