Course Content
Technical/Fundamental Trading Course Learning to trade like Smart Money and Build Wealth in the Stock Market
About Lesson

Deep dive into the accumulation and breakout phase which is the start of a trending move in a stock.

What we are looking for here is a stock that has gone through a downturn and may be at interesting price supports. We are looking for price to make a capitulatory low, signs of a bottom and the 1st range boundary are:

  • Far away from moving averages.
  • Oversold on RSI on daily timeframe.
  • High capitulation volume.

We let price bounce and form a 2nd range boundary and manage risk by looking for entries on a 3rd range boundary.