TREND TEMPLATE CRITERIA by the Legend @markminervini

A stock must meet all eight criteria to be deemed in a confirmed stage 2 uptrend.

1. Stock price is above both the 150-day (30-week) and the 200-day (40week) moving average price lines.

A Thread🧵

#Pocketpivot and it's characteristics:-

pocket pivot,” or “buying in the pocket,” is an early base
breakout indicator, which is designed to find buyable pivot points within a stock’s base shortly before the stock actually breaks out of its chart base-
Detailed Thread🧵

or consolidation and emerges into new high price ground.
Institutional investors do not like to buy breakouts to new highs. In fact, they generally prefer to buy stocks off of their lows, and sometimes the lower the better.

Of course, if we think about this for just one second we realize that it is the institutions that create the bottoms of chart bases, including the volume/accumulation clues along the lows of a constructive base formation. If investors had bought the breakout to new highs,

the sharp pullback below the 10-day moving average might have caused them to be shaken out of their position.However, buying on the pocket pivot buy
point before the stock rose would have given investors buying the stock at good point.

A pocket pivot points generally occurs within the stocks chart base, before the standard new-high breakout buy point appears. Pocket pivots can also appear as continuation buy point as stock move higher after launching out of a chart base or consolidation.

#Pocketpivot and it's characteristics:-

pocket pivot,” or “buying in the pocket,” is an early base
breakout indicator, which is designed to find buyable pivot points within a stock’s base shortly before the stock actually breaks out of its chart base-
Detailed Thread🧵 1/11

or consolidation and emerges into new high price ground.
Institutional investors do not like to buy breakouts to new highs. In fact, they generally prefer to buy stocks off of their lows, and sometimes the lower the better. 2/11

Of course, if we think about this for just one second we realize that it is the institutions that create the bottoms of chart bases, including the volume/accumulation clues along the lows of a constructive base formation. If investors had bought the breakout to new highs, 3/11

the sharp pullback below the 10-day moving average might have caused them to be shaken out of their position.However, buying on the pocket pivot buy
point before the stock rose would have given investors buying the stock at good point. 4/11

A pocket pivot points generally occurs within the stocks chart base, before the standard new-high breakout buy point appears. Pocket pivots can also appear as continuation buy point as stock move higher after launching out of a chart base or consolidation. 5/11

Pullbacks buying strategy after a breakout with example

• 1st pullback is a great buy.
• 2nd pullback is still fine
• 3rd pullback should be avoided.
• 4th pullback never buy it.
#Tradingtips
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Nothing will work in this market. Protecting capital is all that needs to be done.#SmallCap index still seems weak. I'm not seeing any signs of reversing. More declines are expected from current levels. Double top target-8900

Some underrated websites for investing research & analysis👇

1. https://t.co/lxen3s2wyP
2. https://t.co/WZfcE248ss
3.

I have earlier shared some setups/strategies for Intraday. One of them was ORB (opening range breakout) setup.. but I still get DM about this. So here's a thread about how to find ORB stocks: (1/12)

Stocks that are in consolidation or on the verge of a breakout and has already given a breakout from consolidation - both category stocks should be in your watchlist.

Now the question is.. with so many stocks around, how one must filter and check? (2/12)

I mostly trade in F&O stocks in Intraday - it has 188 stocks after new addition and can be filtered as per sector rotation.
Find the sector or theme with good recent performance and keep its stocks in watchlist. I keep an alert for breakout price when I see a good chart. (3/12)

Another way to filter stocks is to keep an eye on the new additions in the F&O and the stocks that are in news.

Not every stock gives a move of 7-8%. Look for stock that move 7-8% in one go when they give a breakout (Stocks unlike ITC that moves once in a year). (4/12)

There are a few stocks that are tailor made for ORB. And those stocks should be in your watchlist.
IRCTC, Mindtree, Bajaj Twins, IEX, TataElxsi, Naukri, Coforge are some great examples. Rest you can observe and add.
Recent examples 👇(5/12)

Made a combo using @mystockedge

Strong stock
Long position on fri
High delivery on fri
High cash volume on fri

Going To Post One Example For Breakout Trade Which I Said to Share Few Days Back

I Am Not Saying You Will Find Setup Like This daily But Whenever You Will Find It Will Definitely Give You Best Reward

So If You Find This Useful Kindly Share And Retweet For Learning 🙏🙏🙏

Setup Used :

🔶Exponential Moving Average( 21 )
🔶Standard Pivot Points
🔶Volume Chart
🔶Manual S&R and OR

One Can Easily Find Trade Based On This Setup And Can Easily Earn Good Money In Cash Trading

Lets Learn How To Use It IN Live Market

1.) IBUL Opened Gap up ( Above PDH )
2.) Marked OR H&L And Saw That OR High
& R2 is Nearby Hence We Will buy Above OR High
3.) Once OR High Broken Entry HAs Been Triggered With SL As Given In Chart
4.) Once OR High Crossed Movement Was Too Fast And Stock Crossed R3.

continue...

5.) So IF You Want To Add More Quantity You Can Add And Scale Up Position So That We Can Maximize Our Profits
6.) Now Keep Trailing Your SL Once you Get 1:2 RR Book Your Position Or Keep Your SL At Cost
7.) If You Want To Ride Complete Trend Then Keep Trailing Your SL As 21 EMA

8.) Once 21 EMA is Broken Completely Exit From Position

As You Can See In Below Picture That Once 21 EMA is Broken Trend Completely Changed Hence Follow Rules Strictly Because We will Follow Trend