[isatrader]

Hi, basic question probably. With regard to breakouts and pullbacks to the breakout point, how long does it take for a pullback to occur generally? Are we talking next day, next week, or next month? And does this vary if its a pullback from a stage 1 base compared to a pullback from a continuation breakout? Thanks

If you are referring to the investor B entry point (i.e. the first significant pullback towards the 30 week MA following a Stage 2A breakout) then this can vary depending on the quality of the breakout. If it pulls back very quickly then it's unlikely to be of much interest. But if it's a good quality breakout, then you'd expect it to run for four or more weeks higher before starting to pullback / consolidate. And hence the pullback period can be often be somewhere in the 1 to 3 months range on average imo on good quality breakouts. But every stock is different, so you have to use your judgement based on what the price action and volume etc is telling you.