Daytrading Tall-Candle Breakouts by Ken Calhoun
Tall green candles are easy to spot on a chart, and entering above a tall candle’s high can set you up for a profitable breakout trade. Here’s how to do it.
Whenever you daytrade stocks, it is important to find charts that are likely to continue their upward move based on price action, volume, and momentum. Your goal should be to find price breakouts that are likely to keep rising after you enter, long enough to help you make a profitable trade ...