Because the broad market was selling off sharply and approaching near - term oversold levels, EEV was taken as a very short - term trade (2 - 5 days), as we were looking to sell into
strength on a breakout above resistance at the $ 28.00 area.
Not exact matches
Although gold and silver ETFs have been uninspiring and chopping around near their lows for many months, this palladium ETF is a precious metals ETF that is actually showing relative
strength and
on the verge of a
breakout.
After a 3 - week hold, we used the strong
breakout bar
on 3/17/2010 to sell our position into
strength and lock in an 14 % gain.
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.
Three years after Obvious Child was sent to Sundance
on the
strength of a Kickstarter campaign and ended up as one of the festival's
breakout hits of this year, writer / director Gillian Robespierre will return with Landline.
I anticipated the emerging downtrend with razor - sharp precision, the pullback of it and riding the stops of trapped traders, then a small halt at lower SR level and based
on previous
strength, it's
breakout, then very weak pullback and
breakout continuation...