[isatrader]

Hi, why you search breakouts in daily? The stan method uses weekly..

Because to find weekly breakouts, the stock has to first breakout on the daily chart. If you wait until the end of the week to buy you'll often miss the ideal entry point on the weekly chart, and buy extended with more risk. So you use the end of week for confirmation, but get in on the daily move above the breakout point when it's showing the right characteristics that we look for in the method.