I try to mostly trade breakouts and hold for weeks if possible. Breakouts are not working in current environment. I am still new to day trading and just focusing on a few stocks in news that day. BROS was a failed breakout and SPOT was moving on earnings
Indeed the current environment isn't breakout friendly. Energy is a sector doing fine (XLE). You might find leaders and breakouts in this group. >> Check what industry / sector is doing well << But it's better to wait for an overall bull market to find potential candidates. However if the overall sector is doing well, you've got the wind in your back.