
Breakout is one of the most popular strategy used by traders.
Reading the Psychology of the Market

Is Zee Learn ready to breakout and make a huge move? Technically the answer seems to be yes.

Traders hate the phrase Long term. For most of the traders: holding period is measured in days and week looks like a long period for them. But when it comes to trading breakouts – it pays to hold for at least 3-5 months to realize full gains.

Here’s one more stock that seems to have broken out from the resistance/fence and it’s definitely not an exit sign for investors and traders in the stock. Actually, it’s an entry sign for breakout traders

Trading Rule: When a stock breaks out from a well defined resistance and then pulls back to the previous resistance to test it as support: it represents great buying opportunity. Do these 3 stocks represent such opportunity?

Kotak Mahindra Bank has lost 13% in last 2 weeks. The stock is now at very important support level but with market in Yo-Yo condition – will stock find support around current levels?

How should one play breakouts? Well, here’s one case study that attempts to answer the question….

Geometric Software has made new life time high and yes the stock deserves all your attention…
Deepak Singh is a market analyst and keen observer of world economy, politics and news affairs.
He is based out of Chicago. His twitter handle is smarket. You can email him: stateofthemarket@gmail.com
Copyright © 2013 · News Theme on Genesis Framework · WordPress · Log in