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Breakout signal after W

Discussion in 'Chit Chat' started by verenmitter2001, Oct 30, 2012.

  1. verenmitter2001

    verenmitter2001 Member

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    Dear shabbir
    how to we identify a breakout signal befor it happens after W?

    I have seen in many stocks that the breakout doesnot happen after w. are there other parameters like volume or others to correlate with it?

    Regards
    Veren
     
    verenmitter2001, Oct 30, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    There is one more parameter which is long term trend in stock should be up and nothing more than that.
     
    shabbir, Oct 31, 2012
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  3. myidgmc

    myidgmc Member

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    hi shabbir,

    how to decide the long term trend is up or not?

    Thanks.
     
    myidgmc, Jan 22, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    The chart moving from bottom left corner to the top right corner will suggest an uptrend.
     
    shabbir, Jan 22, 2014
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