Discover and read the best of Twitter Threads about #breakouts

Most recents (4)

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
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
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
Read 11 tweets
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
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
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
Read 4 tweets
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
#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!
#Topic #NimblrTA #Strength #Candles
About Breakout Candle
deishman.wordpress.com/2017/08/19/bre…

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Read 63 tweets
Here's a (Thread) Checklist of when and what NOT to Buy :

☆ Don't Buy when the overall market trend is #Bearish

☆ Don't Buy a Stock in a Negative Group

☆ Don't Buy a Stock Below it's 30 Week MA

☆ Don't Buy a Stock showing poor Relative strength

Continue 1/4..
☆ Don't Buy a Stock that has a declining 30 Week MA (even if the stock is abv the MA)

☆ No matter how #Bullish a stock is, Don't Buy it too late in an advance, When it is far abv the ideal entry point

☆ Don't Buy a stock tht has heavy nearby Overhead Resistance

Continue 2/4
☆ Don't Buy a stock that has poor volume characteristics on the #Breakout. If you Bought it because you had a Buy-stop order in, Sell it quickly.

☆ Don't Guess a bottom. What looks like a bargain can turn out to be very expensive stage 4 disaster...

Continue 3/4
Read 4 tweets

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