buying breakout

in hive-180932 •  5 years ago 

I really like this crash because it allows one to actually look what stocks are really good in the future. For those who covers the ground quickly back to 52 wks high are likely to be winner if bull market comes again.

Take the below stock as example, it has a mild correction during the coronavirus period, but the weekly chart pattern within intact, there is also a clear breakout in the shorter time frame + the cut loss is very clear. Why buy weak stock where you don't know where to stop your position?

Stay healthy and safe~

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