Base on Base

Base On Base

• Mostly happen when stock breaks out of all time high but didn't rally after that
• stock just consolidate in tight range 10-15% for next 2-4 weeks

When to Enter

• Depends on Price action but best entries are usually close to 10/21 ema when stock is consolidating tightly
• Another good entry point is inside bar close to breakout
• If base large enough and following trend line then use that for pivot

When to Exit

• Just Use General Selling rules, I don't have anything concrete yet

Chart Samples

• Raymond Base on base breakout after market crash
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