Bre
Breakouts
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Pending: 6
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A seven-point checklist is provided for identifying reliable breakouts, including confirmation, volume, candle structure, time frame analysis, and chart patterns.
"Seven pointer checklist. You can see here confirmation above resistance, confirmation post breakout,..."
Jul 4, 2025
Pending
Defines a stock breakout and distinguishes it from a fakeout.
"Whenever a stock moves beyond a key resistance level, that is called as a breakout. But not all move..."
Jul 4, 2025
Pending
Breakouts must be confirmed by significant trading volume, not just price movement.
"if we are talking about a breakout it can't be only price it has to be accompanied by action. Now wh..."
Jul 4, 2025
Correct
A strong, full-bodied breakout candle (like a Marubozu) is more indicative of a real breakout than a candle with long wicks or a Doji.
"Now let's move on with the next sets uh where we'll understand three more points on how to identify ..."
Jul 4, 2025
Pending
A breakout candle's volume should ideally be at least double the average volume over the preceding 30 days.
"the volume of the breakout candle should be at least two times minimum two times of the 30 days aver..."
Jul 4, 2025
Pending
Breakouts that occur within established chart patterns (like an 'up flag' or double bottom) are considered more reliable.
"if we see a breakout something like this So let's say There was a night the chart the stock was goin..."
Jul 4, 2025
Correct
A valid breakout requires the stock price to close above the resistance level, not just touch it intraday.
"It has to close above the resistance level."
Jul 4, 2025
Pending
Breakouts driven by news or hype are less reliable and more likely to be fakeouts.
"avoid those breakouts which happen on a day when there is some news in the stock or where is the whe..."
Jul 4, 2025
Correct
A true breakout is further validated by a subsequent candle that shows continued positive movement.
"It has to be followed by a confirmation candle."
Jul 4, 2025
Correct
Multi-timeframe analysis (checking daily, weekly, and monthly charts) is crucial for confirming the strength of a breakout.
"if we can see a breakout in let's say monthly chart try to see whether we can see or let's say we st..."
Jul 4, 2025
Pending