WebSearching stock charts for growth patterns can be puzzling, even for seasoned investors. That’s why MarketSmith created Pattern Recognition: to help you spot proven growth patterns by automatically recognizing … WebJan 25, 2024 · Flat base breakout is a technique used for identifying stocks that are breaking out from a flat trading range or a “base” of consolidation. This occurs when a stock has been consolidating for an extended period, and once it breaks out, it is likely to see a strong move in the direction of the breakout.
Chart Patterns: Flat Base - YouTube
WebWhat to Look For In a Flat Base: Prior uptrend: 20% or more . Base depth: 15% or less . Base length: At least 5 weeks. Ideal buy point: 0 to 5% above the most recent area of resistance (the highest price point within the flat base.) Volume on the day of a breakout: At least 40–50% above average WebApr 2, 2024 · This guide will illustrate the most common chart patterns and how investors choosing stocks to watch would read these patterns. One of the common stock patterns observed when seeking stocks to buy is … 頭痛 イラスト
Flat Base MarketSmith Hong Kong
WebFlat base. One of three positive chart patterns to look for when doing technical analysis. It usually occurs after a stock has advanced off of a 'cup with handle' or 'double bottom' pattern. The 'flat base' moves straight sideways in a fairly tight price range for at least five weeks and does not correct more than 10% to 15%. WebOct 12, 2024 · The flat top pattern is a narrow consolidation pattern that you can see on the chart above. The price is in a long consolidation between about $11.60 and $12.35. Sometimes, the pattern begins to … WebOur guide to eleven of the most important stock chart trading patterns can be applied to most financial markets and this could be a good way to start your technical analysis. Quick link to content: 1. Ascending triangle 2. Descending triangle 3. Symmetrical triangle 4. … tara tolbert