Breakouts

Discussion in 'Journals' started by cashmoney69, Feb 22, 2007.

  1. VZ successful break
     
    #51     May 24, 2007
  2. csgp

    As you can see, this stock broke out four different times, and each time it had failed...until recently. On the first dreak CSGP broke out on super high volume, but on the following 5 days, it reversed 100%. Breakout #4 are the kinds of breakouts I'm looking for. In five days, the stock averaged 1pt a day with not a single pullback, and I circled volume to show that successful breakouts do NOT need high volume to be successful...the chart clearly shows that. And yes, I missed this trade. :mad:
     
    #52     May 25, 2007
  3. goog
     
    #53     Jun 1, 2007
  4. amln
     
    #54     Jun 1, 2007
  5. nyx
     
    #55     Jun 1, 2007
  6. novn
     
    #56     Jun 1, 2007
  7. mvl
     
    #57     Jun 1, 2007
  8. those arrows point to a candlestick formation that is apparently losing alot of people money
     
    #58     Jun 2, 2007
  9. usna
     
    #59     Jun 23, 2007
  10. grmn
     
    #60     Jun 23, 2007