JBMA on Breakout and with good volume; above 561 on Monday 20th Feb for Intraday gains -------------------------------------------------------------
INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
עסקה פעילה
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Opened at 559
הערה
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570 now , up 2% from Tigger price
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Trailing SL are 566 now
הערה
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574 now
עסקה סגורה: היעד הושג
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13 rs gain
הערה
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Classic breakout behavior
הערה
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Pull back and continuation
הערה
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Now, strength only if it crosses 574
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Trying SL of 566 not broken yet
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Trailing SL hit now
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Fresh entry only above 574..only if strong Breakout above that