I Went Long In Balamines on 26th October 2020 Basis A Weekly Breakout. The Stock Was In A Strong Uptrend Before This And Had Taken A Pause Between August to October. The Movements Became Tighter & Smaller with each passing week and that is when it started showing up on my radar. I took my first long when the high of 19th October was breached, The Stock did nothing for a week post my buy ( sitting tight is important through these phases ), Exploded Post this and reached a high on 1054 in November but reversed from there again. It was waiting time again, I waited for a month and the movements started becoming tighter again in the week starting on 28th December, I went long again when the high of this candle was breached at 950. The stock flew next week making a monster move of 22% in one week. After another month of waiting in Feb came another monster move of 35% in one week. By First Week Of March the stock reached a price of 1905, A 114% Move over my average price.
I am Still Holding the stock. The Moves Came Coz I sat through the dull phases not because I have a special skill in reading charts.
Hope This Helps You in improving your performance. Always Trade On A predefined risk.