Sentences with phrase «breakout attempt»

As most breakout attempts fail, a breakout trade is a low probability trade.

Accordingly, the next breakout attempt has higher odds of succeeding and following through to the upside.

Since many traders buy the initial breakout attempt, then quickly sell when the breakout fails, it has the effect of absorbing overhead supply.

But the reality is that failed breakouts that hold support of the prior range often lead to some of the most explosive breakouts on the second breakout attempt.

The stock bounced to $ 3.67 a few months later, establishing a resistance level that lost in breakout attempts in 2010, 2013 and 2016.

On the contrary, some of the most explosive upside moves occur when the first breakout attempt fails, but the equity subsequently breaks out and hold.

After another false breakout attempt on April 3, $ EWS found support from the rising 50 - day MA and prior swing high (dotted black line), around $ 13.75.

iShares MSCI Singapore Index Fund ($ EWS) is back on our watchlist after a failed breakout attempt last February.

But as the November 2 price action demonstrated, the broad market simply remains much too weak to attempt any bullish entries right now because current breakout attempts, even in stocks and ETFs with decent relative strength, have a high likelihood of failure.

The «FANG» stocks are not holding up well and failing with breakout attempts.

Notice, for example, that $ SPY failed its breakout attempt to new highs in August, but $ PGJ held its breakout and pushed significantly higher.

Notice how in this example you would've likely been stopped out at the first two breakout attempts, but you still catch the bigger trend on the third try.

S&P Midcap 400 failed a breakout attempt in July of 2016, but succeeded during its subsequent breakout attempt four months later.

Mike Cintolo discusses the market's recent failed breakout attempt and the abnormal selling he's seen in growth stocks.

That breakout attempt failed decisively a month later.