Trading Strategy
Breakout Strategy
Trading the move when price clears a well tested resistance level on rising volume.
intermediate
swing
Entry rules
- 1 Price closes above resistance tested at least twice
- 2 Volume at least 1.5x the 20 day average
- 3 No major earnings event within days
Exit rules
- 1 Target set one measured move above the breakout
- 2 Stop below the breakout level
- 3 Exit if price closes back inside the range
Live setups using this strategy
All signals| Symbol | Price | Entry | R:R | Confidence |
|---|---|---|---|---|
| BA | 230.50 | 231.57 | 1.8:1 | (94%) |
| BRK-B | 512.28 | 513.09 | 2.4:1 | (80%) |
| GE | 365.85 | 367.14 | 1.6:1 | (80%) |
| TGT | 149.76 | 150.22 | 2.8:1 | (80%) |
| LCID | 7.79 | 7.79 | 1.7:1 | (63%) |