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Brandon

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Alias Born 04/07/2001

Brandon

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Sunday, 04/15/2001 12:14:39 AM

Sunday, April 15, 2001 12:14:39 AM

Post# of 49
Here is an example of a daytrading opportunity the market gave recently. Below is a nearly perfect example of a breakout from a base, which is one of the core tactics we use.

When the market or a stock gaps up, there is a strong tendancy for it to fill (unless its a large breakaway gap like we had today). In those cases a lot of times you will see sideways basing action. After the market burns off some of its excess, it can move higher. Heres a chart chart of TWTC, a trade I took today and gave in the Real Time Room.

http://www.swingtrader.net/lesson/twtc.jpg

Brandon
http://www.teachmetotrade.com




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