Trading Flat Base Breakouts by Bill Pritchard
ARTICLE SYNOPSIS ...Stocks & Commodities V. 24:1 (46-49): Trading Flat Base Breakouts by Bill Pritchard
Here's a look at a simple stock-trading strategy that combines fundamentals and technicals.
The flat base breakout pattern (FBB) is a stock market
classic, a time-tested, proven winner. Of all the
various patterns, nothing more clearly communicates
sudden buying activity than the FBB. A trader who enters a position based on an FBB pattern will likely see profits within a very short time frame. Unfortunately,
there are no guarantees in the stock market, and this
pattern is no exception. However, by profiling p...