- Price breaks out over established resistance on above average volume
- Stock closes near the high of the day, printing a long range bar
- Evidence of accumulation prior to breakout
- RSI is at a higher level than when at previous high
- Stochastics printing higher lows previous to breakout
All that is remaining for entry is a low volume pullback to support.
JAH
1 comment:
your charts are getting to be more detailed. i like it.
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