Sentences with phrase «breakout attempts fail»
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.
http://www.morpheustrading.com/ Not exact matches
iShares MSCI Singapore Index Fund ($ EWS) is back on our watchlist after a failed breakout attempt last February.
Two attempts, one in September 2016 and the second in March 2017, failed to sustain the breakout.
S&P Midcap 400 failed a breakout attempt in July of 2016, but succeeded during its subsequent breakout attempt four months later.
Since many traders buy the initial breakout attempt, then quickly sell when the breakout fails, it has the effect of absorbing overhead supply.
Mike Cintolo discusses the market's recent failed breakout attempt and the abnormal selling he's seen in growth stocks.
Breakouts tend to fail at the first few attempts but may succeed eventually.