Multiday Sequential Breakouts by Ken Calhoun
In this monthly column covering the topic of breakout trading techniques, this professional daytrader and educator explains how looking for a multiday pattern where volume and price continue upward can simplify your trade scanning.
One of the strongest swing trading stock patterns is a classic 45-degree angle multiday breakout trend. You may have seen this pattern. Itís one of those that you may have wished you had gotten into early on to capitalize on a long-term winning breakout pattern in progress. Here, Iíll show you how you can spot this chart pattern as itís occurring so you are able to enter in a timely manner...