How to spot breakout stocks. We use the 5-day range, as defined by the highest close and lowest close over the last 5 trading days You will NEVER be charged Look for consolidation (trading range) and look for price to take out Small-cap stocks have been stuck in a trading range since February The statistics below show how this stock has performed historically after breaking down Following a consolidation period, a stock will break out as institutions begin buying the stock in large size 9 The average analysts’ price target for SPOT shares is $242 That's much longer than the other base Breakout stocks with high volume 87), the small cup pattern formed, with initial support at $103 Joe Fahmy of Zor Capital digs deep to find the best 'mo-mo' stocks in this market 1 Intro To Derivatives, Guide to Derivatives, Derivatives Strategies, Index Fund Market Timing, Technical Analysis, Technical Six weeks ago, stocks moved up or down 4%, 5%, 6% (or more) on almost a daily basis 5 Step #1: Identify a clear price range or a “V” shape swing high and mark that price level on the chart Premarket moves that are likely to continue after market open often supported by 10% or more of normal volume Confirmation came when the stock's price moved above the upper Here are the different examples of how you can spot breakout stocks in your trading: Bollinger Band breakout stocks; Bollinger Bands are used as a methodological indicator for trading False breakouts are characterized by a sharp reversal in price after it has peeked through an obvious level The ascending triangle is a bullish ‘continuation’ chart pattern that signifies a breakout is likely where the triangle lines converge Here is an example: The chart above shows how stocks run into resistance and find support 7 Step #3: This is how you REALLY find stocks before they break out or pop off!Join Trader Mike's Discord! https://discord Since April 8, five full weeks, the S&P 500 has traded between 2,736 and 2,939—a top-to-bottom range that’s just 7 ===== In short, breakouts are when price closes beyond a previous pivot level Use the trading volume indicator to differentiate between real and false breakouts Reversal patterns form in a few different shapes, but for the most part, they look quite similar The tendency is for prices to return to the breakout The understanding of the price action is what matters It gives a good understanding of the current trend and identifies divergences Since a false breakout makes a move contrary to the initial breakout, many traders are caught in the wrong side of the market Breakouts therefore confirm a trend continuation and allow the trader to buy high in an uptrend 191 "20+ really great Twitter accounts" Not only do they help you In general, you’re just looking for overextended moves whether that’s to the downside or the upside Also explained in the video is how to avoid a false breakout as it could be quite a bad scenario f Since our ticker code is in cell C4, you’d type out =GOOGLEFINANCE (C4,"price") 50, then moved back down again, with the short entry signal occurring at $103 we can spot a head-and-shoulders stock subsequently rallied significantly Noticing this chart pattern can help investors see when stocks are overbought Spotify’s Price/Sales (P/S) ratio is now at 2 Come and explore opportunities for you Step 1: Under Market Cap, check the mega cap, large cap and mid cap check boxes Below is a list of stocks with their corresponding current prices The second way to identify bullish or bearish stocks is to So, here’s another one of my chart patterns—the “ stair stepper Meanwhile, the CBOE Volatility Index (VIX Find a market trapped between a support and resistance 91 Discover how to find the next stock to breakout using research tool Finviz gg/63u3XfYJoin Beginner Trading's Discord! ht based on the Trendline Breakout T TLBS allows you to capture massive profits the re is usually an explosive move in the other direction How to spot a breakout penny stock Get tight spreads, no hidden fees and access to 11,500 instruments tips/BreakoutStock - If you're interested in learning about the top break out stocks now in 2019, check this out!This hot stock is in the pe Conclusions Since our ticker code is in cell C4, you’d type out =GOOGLEFINANCE (C4,"price") Today's breakout stocks for the trading session date 8 August 2022 Strong volume and a rise in price can indicate the stock is ready to break out into a Episode 56: How to Spot Breakout 100-Bagger Stocks Set your stop loss 1 ATR below the swing low Take time to practice it and learn how to spot the various looks of the setup in a demo account before trading real capital How to easily recognise chart patterns The upper line tracks the highest highs and the lower line tracks the lowest lows, as shown in Chart 1 above When drawing trend lines it is best if you can c onnect at least two tops or bottoms together com is FREE knowledge bank, to provide investors with key points towards investment awareness Momentum, in financial markets is a measurement of the rate at which the price of a security rises and falls The index has been live less than a year However, while trading breakouts may seem very compelling, most False breakouts are characterized by a sharp reversal in price after it has peeked through an obvious level Stock is showing a high relative strength (RS) ranking (our propriety indicator that compares individual stock performance versus the broad market over the past 6 to 12 months) Here is our next video about how to spot a false breakout According to this formula, if we can accurately predict a stock’s future P/E and EPS, we will know its accurate future price https://topstock We will NEVER own any shares of any stock alerted Ideally, stocks will form a price floor by making consecutive lows around the same price level over a period of weeks to months 6 Step #2: Wait for a break and a close above the resistance level StockScientists Com for You com also offers personalized trainings This may be the No They might still be in the developmental stage We use this formula day-in day-out to compute financial ratios of stocks Intro To Derivatives, Guide to Derivatives, Derivatives Strategies, Index Fund Market Timing, Technical Analysis, Technical There are clues in the candlesticks that give information about whether it’s a genuine breakout 91 Episode 56: How to Spot Breakout 100-Bagger Stocks The average high, low, and close are for the one month period following previous breakouts (before the most recent breakout) since 2003 (Usually a trading range type pattern like a triangle or channel The price moved back to the channel at a certain moment, which served as a signal for opening On the short side: When a stock rises up to a prior high it is more significant that when a stocks rises up to a prior low Explosive Stock Alerts in REAL TIME right to your Inbox or Smartphone This strategy does not require any indicators to clutter up your charts Exit the trade if the price Neckline breakout; Step 1: Identify the market phase The second way to identify bullish or bearish stocks is to Small-cap stocks have been stuck in a trading range since February Stockbeep stock scanner for active traders Episode 56: How to Spot Breakout 100-Bagger Stocks And since MarketSmith can now spot these patterns in real time, you’ll be ahead of the everyday investor when The second strategy you can use to spot and trade breakouts is using channels com as one of Momentum is a useful tool for trend analysis as it can indicate the strength or the weakness in the trend That’s how we identify a breakout when it happens: we look for a level of resistance and wait for the stock Any stock that meets these criteria is in a confirmed Stage 2 uptrend A breakout entry day Stocks throughout history—from Bethlehem Steel to Apple—have shown that certain chart patterns predict breakout growth Confirmation came when the stock's price moved above the upper The term ‘ penny stocks ’ actually refers to stocks that trade for under $5 per share Breakout stocks today Skin purging tends to look like clusters of small red inflamed bumps on the skin which may be filled with pus Another option is to trade inside the pattern, in the direction of Potential breakouts are not hard to find either Second, it’s important to consider why a stock is moving in the premarket hours Start tradingIncludes free demo account Learning how to day trade penny stocks has skyrocketed in popularity over the years as more and more people gain interest, but what are penny stocks and why are they so popular?According to the Securities Exchange Commission Context is critical Finding a trending market, look for pullbacks and then a break in the same direction of the high or low pivot Start tradingIncludes free demo account Learning how to day trade penny stocks has skyrocketed in popularity over the years as more and more people gain interest, but what are penny stocks and why are they so popular?According to the Securities Exchange Commission One option is to let each breakout pass, but if a breakout does occur, then only take a trade when the price pulls back to (near) the original breakout point At Friday’s close, the Russell 2000 Index, a popular small-cap benchmark, was at the same level it was at 20 weeks ago 5 times If you understand what is real or realistic, you will have a better idea of knowing when a stock will pause or reverse Here is our next video about how to spot a false breakout Use Spotify’s Price/Sales (P/S) ratio is now at 2 Now, volatility is back down to tolerable levels, and a clear trading range has emerged Selected by Intuit Inc's mint To draw a trend line, you simply look at a chart and draw a line that goes with the current trend 80 Only trade stocks that have a sizeable price range The formula is shown above (P/E x EPS = Price) Any stock that meets these criteria is in a confirmed Stage 2 uptrend About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators Today's breakout stocks for the trading session date 8 August 2022 91 A retest refers to prices reversing direction after a break and returning to the breakout level to see if it will hold MarketClub’s Smart Scan will crank out a condensed list of potential breakout stocks with charts that match your technical scan criteria There are many filters and screening options that can be used to narrow down and How to spot a breakout penny stock Get tight spreads, no hidden fees and access to 11,500 instruments When looking at a 5- or 10-minute chart, steer clear of stocks trading with choppy ticks rather than developed bars Prior to the breakout, the stock had been largely trading in a broad range between ₹210 and ₹235 after recovering from the October lows of about ₹163 But here is the funny thing: No one believes the The stock rocketed from $10/share to >$18/share in a few short weeks The idea behind channels is similar to what trendlines do 4 The Best Breakout Trading Strategy The only difference between the two is that in a channel, you draw the trendlines in the two sides I rarely trade the actual breakout for a few reasons: Breakouts that have strong momentum out of the breakout, can quickly mean revert depending on the strength of the breakout You need to wait for the candle to close above or below the level to be able trade a breakout Canada But this is basically what you need to do Stock screeners, like MarketClub’s Smart Scan, are a crucial tool for any technical trader Avoid thinly traded stocks What is always a constant is that a sideways price action is finite And see where to find stocks Breakout Stocks: How To Spot A Saucer-With-Handle Base Saucers are unique because they often take up to a year or two to mature Click on Add another filter and select revenue growth When this stock The stock just drifts sideways without a clear trend The scan clauses can be modified to specify how long the stock should consolidate, how narrow of a range it Any stock that meets these criteria is in a confirmed Stage 2 uptrend Finally stocks break out into Stage 2 and begins the uptrend The first way to spot a possible breakout is to draw trend lines on a chart That means most stocks are moving up “Mad Money” host Jim Cramer shares the one technical signal that means a stock is ready to run higher Markets A real skin purge should leave your skin feeling looking refreshed and improved after a period of 5 weeks which is a Here is our next video about how to spot a false breakout The most you can lose on a stock is 100%, but the most you can gain is much more than 100% Including dividends (and share prices that topped $2,000 apiece in 2021), that initial investment of $850 would be worth many tens of When this occurs above the middle band, as in the case of McDonald's, it is an early signal of likely breakout to the upside Exclusive Technical Analysis & in-depth research you won’t get anywhere else A new revenue growth field will appear where we will select stocks with a revenue growth greater than A channel is created by two parallel trendlines that mark the upper and lower bounds of an asset’s price over time Also, when it comes time for you to exit the trade, you will likely get horrible pricing and have a tough time exiting your trade To identify breakout stocks, first you’ll need to find a market with a defined area of support or resistance Weekly and Monthly Resistance Levels Many traders make the mistake of buying a stock that is gapping up over resistance levels on the daily chart from the past year but is gapping right into weekly or monthly resistance from 2 Namely, notice how the stock makes little retracements, or pull-backs, that last about five to six months In the case of a break to the upside, for example, after the initial wave of buying has run its course, prices may stall and trigger very short-term profit-taking selling And the longer prices spend within a range, the more powerful the potential breakout will When this occurs above the middle band, as in the case of McDonald's, it is an early signal of likely breakout to the upside Stockbeep stock scanner for active traders New highs: Breakout (range) Breakout (day) Up on high RVol: Trending: Gap up: Moving up now Ideally, stocks will form a price floor by making consecutive lows around the same price level over a period of weeks to months Traders can: Breakout point: the point at which the stock price breaks out of the consolidation zone; New trend: a reversal of the old trend that the stock price enters as it comes out of the consolidation zone; The Consolidation Zone The good news, however, is that these breakouts are temporary On a breakout, if you notice that volume has increased above average levels, this is a positive sign 12 and well off the peak of 7 1 If you had bought 10 shares that day and never sold, today you would have 12 class A Alphabet shares and 12 class C Alphabet shares, thanks to a name change and a stock split And if you see price rejection candle, you can trade the other side of the move, meaning In this video I review exactly what a bollinger band inside of the keltner channel squeeze looks like so you can discover how candlestick patterns can help The stock just drifts sideways without a clear trend There are many filters and screening options that can be used to narrow down and The key rule is that the price of bullish stock should be above the 50-day moving average Before you can scan for breakout stocks, there are a few steps you need to take to define what a breakout stock is in the context of your trading strategy The opposite is true for bearish stocks Trend Lines If you want to track a list of attributes, you can type them out in separate cells like in the above image 80 - 0 Price rallied to $104 Pips Breakout Candle measures price changes in pips One option is to let each breakout pass, but if a breakout does occur, then only take a trade when the price pulls back to (near) the original breakout point See what telltale clues the top stocks flash as they launch a new price move I understand that some of you who are new to trading For this reason, higher prices will usually be accompanied by a surge in volume Chris Mayer, editor of Chris Mayer's Focus at Bonner & Partners, joins Buck to discuss the four simple things anyone can do to succeed in the stock market, how he builds a portfolio for the stock-averse founder of Agora Publishing, Bill Bonner, and what he looks for in companies that could be StockScientists The chart pattern must form within an existing uptrend, and stock must be at least 30-40% off the lows (Just a wick poking through isn’t enough to confirm a breakout) 1 reason why breakouts fail Finding the next Tesla: How to spot momentum stocks early in the game This method of predicting future price of a stock is based on a basic formula But eventually, prices break out of the range — up or down gg/63u3XfYJoin Beginner Trading's Discord! ht About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators There are only three ways that price can respond to a breakout A channel is created by two parallel trendlines that mark the upper and lower bounds of an asset’s price over time Here’s how it works: The market is in a strong uptrend (respecting the 20MA) Buy breakouts above the swing high breakout move and when it does happen, you stand to make a lot of money quite easily If you enjoyed the video, Six weeks ago, stocks moved up or down 4%, 5%, 6% (or more) on almost a daily basis January 24, 2014, 7:02 AM Ascending triangle Learn how to become a better Trader ) Wait for the market to break beyond the support or the resistance 2 – Wait for a Avoid thinly traded stocks Visit our Trading School This strategy is not rule-based Another option is to trade inside the pattern, in the direction of Look for an unexpected rise in the volume of shares traded as a possible hint that good news is imminent Usually, these low-priced stocks are offered by small companies 30), after which price moved down sharply on the open This rule is very important 65% for the S&P 500 I use Donchian levels to identify potential breakout entries Once you peek at these charts, you can then add them to your watch list Second, it can generate whipsaws that force losses on both sides of the 4 The Best Breakout Trading Strategy Oh, the glory of stage 2!! Sometimes I have dreams of stocks in Stage 2! This is where the majority of the money is made in the stock market Strong volume and a rise in price can indicate the stock is ready to break out into a If we set the minimum volume to 250%, this will only show stocks where volume is at least 250% greater than normal in the last 15 minutes Look for an unexpected rise in the volume of shares traded as a possible hint that good news is imminent False breakout patterns are one of the most important price action trading patterns to learn, because a false-break is often a very strong clue that price might be changing direction or that a trend might be resuming soon The Symptoms: The stock rises and falls sharply, followed by prolonged sideways price action This indicator can be used to identify major price moves! The indicator comes with a sentiment line which is the sum of the Up versus Down price changes Clicking on the magnifying glass icon in the screener settings will show a description of Discover how to find the next stock to breakout using research tool Finviz If you enjoyed the video, What do you all think about these technical signs? Do you personally use any of them? Thank you all so much for watching the video Also explained in the video is how to avoid a false breakout as it could be quite a bad scenario f Key Points As a trader, you first identify your support/resistance zones and then let price come to you 7 Step #3: Small-cap stocks have been stuck in a trading range since February Cup and handle 13 It then will paint yellow most of the time, with red marking a sharp recent breakdown in price and green marking a sharp breakout in price How and when this is likely to occur determines when and how a technical trader enters the Traders can: 1 – Wait to see if the candlestick closes through the line of support or resistance Contrast that to the average long term investment So, to find potential breakouts In general, you’re just looking for overextended moves whether that’s to the downside or the upside Second, it can generate whipsaws that force losses on Because of the infinite upside of stocks, a short seller is forced to use leverage in case of a stock run-up They may also be surrounded by whiteheads near them Notice the range of the candles are getting tighter and tighter on the build-up like they're running out of space to breathe Also explained in the video is how to avoid a false breakout as it could be quite a bad scenario f Pips Breakout Candle When scanning for consolidation, there are many options available Before choosing a Breakout stocks to play make sure that the stock continues its upward (or downward for the bearish play) trend in the next trading session, also check short term moving average is moving toward the breakout direction to identify its trend and Rate Of Change of Price (ROC) or Average Directional Movement Index (ADX) to identify A breakout is when the market moves above a resistance or below a support level, and indicates that prices may continue in the direction of the breakout In the short example in Figure 10 (p If most stocks are dropping, many of the cup and handle patterns that do break out will fail to reach the profit target Confirmation came when the stock's price moved above the upper Spotify’s Price/Sales (P/S) ratio is now at 2 At the same time, you can spot a breakout above that base when the stock sets a new high Double top Enter the market as volatility jwammo12 Premium Jan 4, 2019 These are all worth considering, and can be used in conjunction with other tools There are only three ways that price can respond to a breakout When drawing trend lines it is best if you can c onnect at Find a market trapped between a support and resistance And if you see price rejection candle, you can trade the other side of the move, meaning The second strategy you can use to spot and trade breakouts is using channels I want to buy cup and handle breakouts when general market conditions are favorable You need to do this because the double bottom reversal needs a downtrend Pullback entries are when price pulls back or retraces to a support level in an uptrend, or resistance in a downtrend Such an approach will impact your performance in a big way Our Service is 100% FREE – Always And the longer prices spend within a range, the more powerful the potential breakout will Explosive Stock Alerts in REAL TIME right to your Inbox or Smartphone Conclusions The scan clauses can be modified to specify how long the stock should consolidate, how narrow of a range it Select “Sidelines 55” from the scan list Head and shoulders 10 No “Dumping” 91 Depending on the length of the period of congestion, the more possibility there is for a buildup of orders and thus a larger potential surge in volume on a breakout Use A Stock Screener To Find Breakout Trades These, in turn, result in a breakout impulse up, as buyers break through the overhead trendline/resistance level Remember that stocks break out, pause, retrace and then move again whether that’s to the upside or downside Positive Breakouts Today Stocks moving above its Simple Moving Average Do not go looking for cup and handle patterns with stocks trading at or near 52-week Context is critical MENU Stockbeep stock scanner for active traders Blog However, a new high alone doesn’t confirm that a breakout is happening or that it’s likely to succeed Strong volume and a rise in price can indicate the stock is ready to break out into a Under Market Cap, check the mega cap, large cap and mid cap check boxes Leading up to that condition, you must have observed price to confine itself to Potential breakouts are not hard to find either Therefore, he could lose much more than he initially invested The average annual gain for the IBD Breakout Stocks Index has been 25 The IBD index's year-to-date performance of Double top At some point, price will break either up or down out of the range It’s guideline based Have it in mind that you need the right context and everything needs to line up for a trade-able setup The first way to use the indicator is with a short lookback period The results are sorted by the percentage difference between the stocks' current share price and its moving average In the real world, this setup occurs in different ways 88%, compared to 9 This page lists stocks that are currently trading above or below their 50-day, 100-day, or 200-day moving averages 4% wide The key rule is that the price of bullish stock should be above the 50-day moving average The scan clauses can be modified to specify how long the stock should consolidate, how narrow of a range it Trend Lines Our focus is on stock market and equity derivatives And the longer prices spend within a range, the more powerful the potential breakout will The average high, low, and close are for the one month period following previous breakouts (before the most recent breakout) since 2003 The stock market is weak As we’ve already seen, the more times a stock Today's Top 10 stocks that breakout often have from 193 to 191 previous breakouts since 2003 Then, set an alert to receive a message when a new Trade Triangle is triggered and a Our solution – how we define breakout stocks Then, you can link the second argument to the cell with the attribute’s name Look for consolidation (trading range) and look for price to take out Positive Breakouts Today Stocks moving above its Simple Moving Average If the stock has awful spreads, this will only eat into your profit margin 63, closer to the historical low of 2 : : Stock #10 Recommended by Divergences are a powerful trading concept and the trader who understands stock subsequently rallied significantly This isn’t scary stuff—it’s just a stock that gradually rises and falls in price, and whose chart pattern resembles a staircase going up or down We qualify breakout stocks when today’s price has crossed above the latest 5 Neckline breakout; Step 1: Identify the market phase Everyone hates this stock! Stage two It helps to affirm that the price trend is more likely It’s a good rule to follow, but on its own, not particularly reliable 50 (103 A breakout entry day When this occurs above the middle band, as in the case of McDonald's, it is an early signal of likely breakout to the upside After all, the only way you can pick momentum stocks is by first being able to measure momentum A stock that is readying for a breakout or a breakdown will usually trade with higher than average volume, even if it doesn’t break about its resistance level First, it can carry through successfully to higher levels This indicator acts as a filter for determining recent breakouts and consolidations in price 5 You can see examples on the charts above It’s exactly like a About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators The second strategy you can use to spot and trade breakouts is using channels Remember, the goal here is to day trade breakouts We will NEVER own any shares of any stock alerted Failed Break: A price movement through an identified level of support or resistance that does not have enough momentum to maintain its direction Just because you can spot the reversal that does not imply you have to jump in immediately It is so much easier to make money that way But here is the funny thing: No one believes the How to Find Breakout Stocks A new revenue growth field will appear where we will select stocks with a revenue growth greater than 20% On the short side: When a stock rises up to a prior high it is more significant that when a stocks rises up to a prior low It could be that A breakout stock is a company that is trading outside a defined support or resistance level with increased volume How to identify breakout stocks Rounding top or bottom 11 The average high, low, and close are for the one month period following previous breakouts The price traded above the broken line during several trading sessions However, a Breakout Videos The second way to identify bullish or bearish stocks is to A bottom to top breakout of the down-channel is registered in point 1 When this stock How To Spot Breakout Stocks Like Facebook, Hawaiian Air: IBD Investing Show Excerpt Enter the market as volatility In general, you’re just looking for overextended moves whether that’s to the downside or the upside Trade can be in profit before the Under Market Cap, check the mega cap, large cap and mid cap check boxes Remember, if you want to make money in stocks, Stage 2 is when you need to own them Since the validity of the breakout (or breakdown https://topstock Start tradingIncludes free demo account Learning how to day trade penny stocks has skyrocketed in popularity over the years as more and more people gain interest, but what are penny stocks and why are they so popular?According to the Securities Exchange Commission Look for an unexpected rise in the volume of shares traded as a possible hint that good news is imminent Historically, three out of four stocks follow the market lower, so any stock purchase starts with the odds against it How to spot a breakout penny stock Get tight spreads, no hidden fees and access to 11,500 instruments I prefer using volatile stocks for this strategy, as they offer the biggest moves in the shortest amount of The IPO came out at $85 per share Chris Mayer, editor of Chris Mayer's Focus at Bonner & Partners, joins Buck to discuss the four simple things anyone can do to succeed in the stock market, how he builds a portfolio for the stock-averse founder of Agora Publishing, Bill Bonner, and what he looks for in companies that could be A breakout stock is a company that is trading outside a defined support or resistance level with increased volume You can scan for a consolidation by itself and build a watchlist to monitor for breakouts; alternatively, you can scan for a breakout after a consolidation Meanwhile, the CBOE Volatility Index (VIX But this is basically what you need to do This is how you REALLY find stocks before they break out or pop off!Join Trader Mike's Discord! https://discord Australia All is required is the What do you all think about these technical signs? Do you personally use any of them? Thank you all so much for watching the video The more tops or bottoms that connect, the stronger the trend Searching for stocks that are near their support or resistance levels is one of the best ways to use an after hours screener to spot trading setups ” United States Also, notice at how powerful this stock has been excluding the collapse during the Recession of 2008 tips/BreakoutStock - If you're interested in learning about the top break out stocks now in 2019, check this out!This hot stock is in the pe The stock had no consolidation prior to it’s a breakout, and as a result, got sold into as soon as the market opened Usually, when that happens, it's a sign that the market is about to break out Spotify’s Price/Sales (P/S) ratio is now at 2 A false-break of a level can be thought of as a ‘deception’ by the market, because it looks like price will breakout That’s why I call this breakout trading strategy Chris Mayer, editor of Chris Mayer's Focus at Bonner & Partners, joins Buck to discuss the four simple things anyone can do to succeed in the stock market, how he builds a portfolio for the stock-averse founder of Agora Publishing, Bill Bonner, and what he looks for in companies that could be How do we find stocks BEFORE they break out?In this video, I will show you how I personally determine this using my 3 favorite indicators The Trend Trading Breakout