(This post was last modified: 2021-01-19, 07:27 PM by pcabc.)
RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
INSG pullback
This has risen 24% today from a pullback on very high volume. Tempting to put in a limit order incase it flits down to near the breakout level after such s strong upward move. I've had sucess with this sort of move before. However, the volatility makes me somewhat nervous. Looking at the 2 year chart or longer you can see that this stock moves on a sort of staircase, it has a series of breakout moves followed by protracted sideways / downward moves. So very good chance of being stuck with a loss for a long time unless you get in at a very good price.
Clarification, these charts are based on end of day data, so don't show today's move.