Sentences with phrase «volume on a breakout»

We sold $ PLNT at $ 39.44 on the November 14 open, due to weak volume on the breakout and the ugly reversal candle that formed on November 13.

Not exact matches

Strong earnings from Netflix after the bell, up as much as 7 % premarket, boosted what began as an unenthusiastic breakout on lower than average volume due to the session already gaining 1 %.

Are leading stocks break out on strong volume and holding up, or are they breaking out and selling off (false breakouts)?

After a few days of light volume chop, $ NEWR sold off with the market on April 13, but swiftly bounced back after closing in the top third of the day's range and finding support at the breakout pivot.

Lacking institutional accumulation, the breakout failed and $ RNG tumbled 4 % lower on higher volume on March 21.

However, if the breakout occurred on measly volume, it only takes one bout of institutional selling for the breakout to fail because supply would easily overwhelm demand if breakout volume was light.

On the chart of S&P 500 SPDR ($ SPY) below, you can see the light volume of the breakout by comparing the day's volume with the green line at the bottom (50 - day average volume):

Finally, I find it negative that the May 27 breakout to a new record high in the S&P 500 occurred on volume that was approximately 30 % lighter than average.

- The caveat is that so far the breakout is on low volume, but solid RSI momentum.

Attack on Titan is a breakout hit in Japan, where the first five volumes of the series have sold over 5.5 million copies in just 18 months.

Breakout strategies centre around when the price clears a specified level on your chart, with increased volume.

This higher volume and volatility means that trend continuations happen more often, and breakouts make more significant moves on average.