RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
(2020-07-17, 12:18 AM)tomyoung Wrote: Hi isa,
A question about why BBY, ENV and ROP were included, they don't seem to have usual 2x average volume that we look for in breakout.
Thanks,
All three are still under their breakout levels, so low volume is what we are looking for in the consolidation. You want strong volume on the breakout day and on up days after the breakout.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.