[Tryst]

What do you think the likely hood is of a pullback to test support at 180?

The first pullback after the Stage 2A breakout is the one that normally pulls back all the way to the breakout level, and so imo it's had that pullback and continued higher, although it didn't pullback all the way to 180, which is a sign of some strength in the stock. The only thing that's missing from the technical attributes is continued strong volume since the breakout, which has only remained around average to date. So that's what puts me off personally as I'm only looking for stocks showing an exceptional volume build following the Stage 2A breakout. But with UK stocks it can be quite rare, which is why I find myself trading more US stocks than UK stocks.

In saying that, what do you think are the signs/indicators are for stocks that breakout and don't retrace and retest support (prior resistance) compared to those stocks that don't?

Exceptional volume that continues to build week on week, lack of near term resistance and a big base period doesn't hurt either.

P.S. Am using the StageAnalysis username, as I'm out and about and couldn't remember my isatrader username

Thanks for the comments both.

Here is what looks to be in a stage 1, and for a very long time (for the best part of 2 and a half years). It looks to be brewing up an attempt to breakout into a stage 2A.

Again, this is a diamond equity and they are doing quite strongly at the moment.