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Watch if breakout as illustrated.
Trade active
Comment:
BO today.
Trade closed: target reached
Comments
wow. you were right on the money with this one. i am new to trading and i am trying to learn. i have been following you're ideas for a while and you are pretty good at this. i hope you dont mind me asking you a couple of questions. how do you find the stocks that break out in the new future? also, how do you calculate your stop loss and target levels? thank you for your great work!
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@Arthorwood, My trading ideas coming from all sources including my personal technical and fundamental screens, social media, and newspapers. Stoploss mainly depends on the support and target levels vary from different strategies. Sorry for the late reply.
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This looks to be like a good bet with the housing market picking up. Thanks for sharing!
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