Breakout Trading requires identification of four elements in order to be successful:
1. Trendlines (pattern based support/resistance)
2. Price Action (overall trending direction)
3. Volume (the amount of participants)
1/5 Another market psychology tidbit:
— Sell When Over | 9000.eth (@sell9000) June 1, 2021
REVERSION TO THE MEAN
Why are moving averages so important? Remember that they are comprised of the recent mean of a period of prices, so they tend to slope up or down depending on the trend.
**16 Must Read Stock Market Books**
— Chris Perruna (@cperruna) November 20, 2019
Gifts for the Holidays!
Reminiscences of a Stock Operator
by Edwin Lef\xe8vrehttps://t.co/DozMNFmvZI pic.twitter.com/b6wEhzMp8n