vendredi 31 octobre 2014

Continuation breakout thread

Hi All,



I'm hoping to start a thread and will aim to maintain the content (post regularly) of stocks that have a continuation breakout.



My definition of a continuation breakout is a stock in an uptrend that has consolidated in a trading range and then breaks above the trading range (ideally as a new 12 month high) and with a supporting increase in volume to support the move.



Some examples of recent continuation trades I have taken CTD and API.



I will be adding content to the outstanding breakout thread for any stocks experiencing the initial breakout from the base trading range (following stabilisation after a downtrend). One such example NXR.



Hopefully have a few regular members contribute to the success of these threads and we can all enjoy the success together (no it isn't a club yet... Haha).




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