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Menampilkan postingan dengan label breakout-pullback

Chart of the day: HD

Today's swing trade stock chart of the day is HD (Home Depot). In the Trade Report we have been watching residential real estate stocks for a few weeks now and of course, building material and home improvement stocks move in line with real estate. Subscribe to The Market Speculator by Email Home Depot broke out on strong volume in mid February and has now pulled back to the 50 dma. An entry

Chart of the day: MNST

MNST broke out on heavy volume a few weeks ago and has been forming a nice post breakout base ever since. This consolidation sets it up for a leg higher and a "trading the post breakout range" setup. Look to enter either 1) on pullback to bottom of the range or 2) breakout of the top of the range. If you would like to learn more about how I trade, receive my nightly focus list with market

How to overcome the fear of entering market pullbacks

Salvador Dali Have no fear of perfection, you will never reach it - Salvador Dali  As swing traders we all know that a market pullback is our friend. If we go back and look at any market index chart, we will see that the best time to enter the market was on a pullback after and extended run. Take a look at this short one minute video that illustrates the power of doing nothing more than

2 Smart Tips to Enter Pullbacks in Parobolic Breakout Stocks

Often with explosive stocks and leveraged sector ETFs like NUGT, pullbacks off parabolic breakouts can be volatile, and difficult to enter.  So just how do we figure out our entry level? There are two ways to do it.  The safe route is to wait for a confirmation move.  For instance, a positive candle pattern.  The riskier route is to take a stab once the stock becomes oversold. When choosing