About This Group
| Founded: | 1/12/12 |
|---|---|
| Members: | 90 |
| Membership: | Open |
| Group Leads: | simonyadig |
Group Members
Penny Stock Breakouts
This group is dedicated to the penny stock traders who like to focus on breakout plays. The vanilla method to playing support and resistance is to buy at support and sell into resistance, but the breakout play takes the opposite approach. In essence the point is to identify where the key levels of support and (especially) resistance are, and try to guess/ predict/ spot/ trade the instances where the buyers break through resistance, creating an imbalance in supply and demand and ultimately a strong rally.
Almost any runner can be seen as a breakout play, since on some time frame or another it's likely breaking some sort of resistance (even if it's simply on an intraday level), but my ideal setup would be a break/test of resistance w/ significance on a longer/ mid term time frame. You're not always going to get those textbook 52 week high breakouts/ or new all time highs. Sometimes the setup may be a break to new short term highs (1-3 month), but minimal resistance overhead. The point to keep in mind is that breakout setups come in all different shapes and looks, but your job is to spot what you believe to be the best ones and stick to trading those.
Latest Group Discussions
| Thread | Last Post | Replies | Views | |
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started by simonyadig (1/20/12 at 10:18am)
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5/8/13 at 7:37am by steppin-out
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4 | 275 | |
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started by simonyadig (2/14/12 at 12:23pm)
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4/30/13 at 10:12am by DanielFaraday
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47 | 890 | |
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started by 0232216 (12/3/12 at 3:30pm)
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2/17/13 at 1:21am by bosucks
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1 | 179 | |
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started by simonyadig (10/15/12 at 3:23pm)
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11/3/12 at 7:09pm by nowwhat
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17 | 258 | |
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started by tonyt1076 (4/19/12 at 2:40am)
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10/22/12 at 5:50pm by BigJay
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4 | 146 | |
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started by simonyadig (9/25/12 at 2:19am)
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10/12/12 at 3:32pm by simonyadig
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10 | 125 | |
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started by Gil Oren (6/5/12 at 1:11pm)
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10/5/12 at 2:38pm by Gil Oren
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1 | 388 | |
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started by apples4oranges (3/31/12 at 12:10am)
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9/25/12 at 2:13am by simonyadig
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2 | 202 | |
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started by 0232216 (2/14/12 at 4:59pm)
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9/12/12 at 5:02pm by mediaryt
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8 | 289 | |
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started by stockintoday (9/6/12 at 11:44pm)
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9/6/12 at 11:44pm by stockintoday
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0 | 187 | |
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started by simonyadig (1/25/12 at 1:18pm)
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9/6/12 at 1:23pm by simonyadig
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11 | 631 | |
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started by rg7803 (8/6/12 at 6:59pm)
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8/29/12 at 2:26pm by dwdrums2112
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8 | 181 | |
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started by Darrell (3/8/12 at 8:47am)
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8/18/12 at 8:55pm by apples4oranges
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3 | 213 | |
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started by simonyadig (7/27/12 at 12:28pm)
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7/27/12 at 12:28pm by simonyadig
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0 | 146 | |
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started by Rusty41 (7/15/12 at 11:21pm)
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7/15/12 at 11:21pm by Rusty41
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0 | 65 | |
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started by Rusty41 (7/15/12 at 11:15pm)
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7/15/12 at 11:15pm by Rusty41
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0 | 59 | |
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started by apples4oranges (4/7/12 at 9:00pm)
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6/30/12 at 12:58am by apples4oranges
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1 | 78 | |
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started by apples4oranges (3/19/12 at 12:43pm)
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6/27/12 at 10:22pm by apples4oranges
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3 | 95 | |
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started by Gil Oren (6/25/12 at 1:23pm)
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6/27/12 at 4:09pm by Gil Oren
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2 | 95 | |
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started by HamidH (6/12/12 at 8:36pm)
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6/15/12 at 1:55pm by simonyadig
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2 | 143 | |
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started by simonyadig (5/22/12 at 12:55pm)
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6/8/12 at 10:30am by 0232216
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3 | 185 | |
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started by tonyt1076 (5/15/12 at 5:13pm)
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5/17/12 at 10:26am by simonyadig
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1 | 386 | |
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started by Gil Oren (5/15/12 at 1:04pm)
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5/15/12 at 1:04pm by Gil Oren
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0 | 62 | |
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started by simonyadig (2/14/12 at 12:17pm)
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5/10/12 at 3:45pm by simonyadig
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4 | 393 | |
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started by apples4oranges (2/28/12 at 7:59pm)
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5/7/12 at 9:18pm by apples4oranges
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7 | 267 | |
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started by fatsachs (2/9/12 at 9:00pm)
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5/4/12 at 12:10am by fatsachs
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11 | 293 | |
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started by freshharvest (5/3/12 at 11:22am)
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5/3/12 at 11:22am by freshharvest
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0 | 78 | |
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started by RebelT09 (4/12/12 at 2:42pm)
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4/22/12 at 1:29pm by RebelT09
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1 | 90 | |
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started by simonyadig (4/20/12 at 1:15pm)
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4/20/12 at 1:15pm by simonyadig
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0 | 175 | |
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started by RebelT09 (4/3/12 at 3:24pm)
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4/19/12 at 7:29pm by tonyt1076
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4 | 221 | |
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started by simonyadig (4/19/12 at 12:51pm)
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4/19/12 at 12:51pm by simonyadig
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0 | 168 | |
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started by toledojack (3/1/12 at 3:44am)
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4/17/12 at 4:54am by toledojack
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7 | 140 | |
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started by SemperFi (4/5/12 at 7:29pm)
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4/13/12 at 10:40am by SemperFi
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1 | 199 | |
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started by apples4oranges (3/18/12 at 2:07pm)
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4/9/12 at 9:26pm by apples4oranges
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1 | 137 | |
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started by simonyadig (3/29/12 at 5:43pm)
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4/9/12 at 12:41am by simonyadig
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2 | 184 | |
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started by apples4oranges (4/7/12 at 10:06pm)
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4/7/12 at 10:06pm by apples4oranges
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0 | 216 | |
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started by apples4oranges (4/7/12 at 9:40pm)
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4/7/12 at 9:41pm by apples4oranges
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1 | 88 | |
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started by apples4oranges (4/7/12 at 9:05pm)
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4/7/12 at 9:05pm by apples4oranges
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0 | 71 | |
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started by SemperFi (4/3/12 at 11:27am)
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4/7/12 at 6:27pm by apples4oranges
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3 | 102 | |
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started by apples4oranges (4/5/12 at 9:12pm)
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4/5/12 at 9:12pm by apples4oranges
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0 | 83 | |
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started by apples4oranges (3/31/12 at 12:18am)
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4/5/12 at 8:29pm by apples4oranges
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4 | 170 | |
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started by simonyadig (3/22/12 at 11:21am)
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4/2/12 at 3:11pm by RebelT09
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16 | 149 | |
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started by apples4oranges (3/30/12 at 11:52pm)
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3/31/12 at 2:29pm by fatsachs
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1 | 324 | |
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started by apples4oranges (3/8/12 at 4:47pm)
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3/31/12 at 1:07pm by apples4oranges
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1 | 232 | |
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started by apples4oranges (2/9/12 at 6:01pm)
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3/31/12 at 1:05pm by apples4oranges
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3 | 234 | |
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started by apples4oranges (3/30/12 at 11:26pm)
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3/30/12 at 11:26pm by apples4oranges
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0 | 103 | |
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started by apples4oranges (3/19/12 at 10:14pm)
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3/29/12 at 12:01am by apples4oranges
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2 | 180 | |
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started by simonyadig (3/27/12 at 2:39pm)
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3/28/12 at 4:32pm by simonyadig
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4 | 169 | |
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started by simonyadig (3/25/12 at 11:50pm)
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3/28/12 at 12:07pm by Darrell
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18 | 257 | |
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started by apples4oranges (3/18/12 at 2:58pm)
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3/27/12 at 10:10am by apples4oranges
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2 | 172 |
- Discussions
