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You can find a trend in just about any stock, but I Want to look for trends that are generally tight areas that I can find very good risk reward because then I can risk the bottom of that Trend and try to look for an expansive move upwards. For example, one of the easiest Trends on Prst today was this trend right here that we had breaking between roughly three dollars and two dollars and eighty cents. so you notice how it got really nice and tight. It made a really nice Trend and as soon as it broke out of that Trend it got an extremely explosive move.

The key to know is that for every Trend you are looking for whether it's a trend this way this way, this way, whatever way, look for the break of that Trend and ideally we should get continuation from there and just always have your risk levels marked out ahead of time.

By Stock Chat

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One thought on “How to trade trend breaks”
  1. Avataaar/Circle Created with python_avatars MrSuperchargedv8 says:

    those are prime fakeout zones.

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