Either way, $ RP may present an ideal buy
entry on a breakout above the high of the short - term downtrend line (not shown) that has started forming off the August high.
Of course, $ XBI is also in play for buy
entry on a breakout above the upper channel resistance (above $ 67 area).
Not exact matches
In this post, we take you
on an educational walk - through of the technical trading factors that preceded our recent
breakout buy
entry.
Although we would prefer to enter $ KOL as a pullback buy
entry, a
breakout entry on the next move above the horizontal pivot may be in order if the ETF continues to hold near the highs of its recent range.
Then, you can tune your
entry based
on breakouts above consolidation.
The original
entry was based
on a pullback from a strong
breakout.
Now, we dig in to a bit of industry sector analysis to reveal why the healthcare sector is
on our radar screen and in play for potential
breakout entry soon.
On August 21, 2013, we bought Yelp, Inc. ($ YELP) in The Wagner Daily newsletter, as the stock pulled back to near - term support after a massive breakout (click here to see our original analysis of $ YELP on day of buy entry
On August 21, 2013, we bought Yelp, Inc. ($ YELP) in The Wagner Daily newsletter, as the stock pulled back to near - term support after a massive
breakout (click here to see our original analysis of $ YELP
on day of buy entry
on day of buy
entry).
Have you ever prepared to buy a momentum - driven
breakout on a stock that formed a great chart pattern (such as a cup and handle), but for whatever reason you missed the
entry point
on the day the stock breaks out?
Prior to buy
entry on May 1, the stock possessed the top 5 technical traits for
breakout buying, which we have listed below (see the first chart below for a visual reference):
On the other hand, if you are already confident with finding your own
entry and exit points for
breakouts and pullbacks, but just need a quick and easy way to scan for the strongest stocks each night, the new MTG Stock Screener is more suited for you.
If you wish to learn more about our proven system for buying pullbacks of
breakout stocks, check out this September 10 video
on our blog that detailed our recent pullback swing trade
entry into $ YELP (which is still open and presently showing a gain of 30.2 % since our
entry).
For example, if you want to trade long but you want to enter
on a
breakout of a resistance area, you would place your buy stop just above the resistance and you would get filled as price moves up into your stop
entry order.
The
breakout entry is shown
on the chart below:
I trade the inside bar setup typically
on a
breakout with a stop
entry.
In this video, Wagner discusses the pullback
entry, which is used to buy a steadily uptrending stock or ETF that was not entered
on the initial Relative Strength
Breakout setup.
If the price action pauses for a day or two in the $ 25.30 to $ 26.00 area, we might be able to grab a low - risk
entry point
on a
breakout above a two or three - day high, which would also put the price back above the 200 - day MA.
1998 Birth among Friends Conference, All - day workshop
on direct -
entry midwifery in North America; Keynote on «Direct - Entry Midwifery: The Politics of Change,» breakout session on «Birthing Women and The Technomedical Model of Care.&r
entry midwifery in North America; Keynote
on «Direct -
Entry Midwifery: The Politics of Change,» breakout session on «Birthing Women and The Technomedical Model of Care.&r
Entry Midwifery: The Politics of Change,»
breakout session
on «Birthing Women and The Technomedical Model of Care.»
For example, if you want to trade long but you want to enter
on a
breakout of a resistance area, you would place your buy stop just above the resistance and you would get filled as price moves up into your stop
entry order.
The very best signals of buying dips into key long term support areas and entering trades
on breakouts of price ranges are the very things that traders find difficult to do as they believe that the support will not hold at a time of maximum fear and that a
breakout entry is buying too high or selling too low at the beginning of a trend.
You have three
entry choices
on most trade setups: - Enter in congestion near a
breakout or breakdown.
But beware in the case of a rising or falling channel this retest level may be
on the other side of your trade
entry should you have entered a trade
on the original
breakout.
In this morning's analysis, we noted that we were
on the lookout for any action that might imply a return to the overarching upside momentum and, in turn, would give us some nice
breakout entries.