About the breakthrough failure ๐
When a stock fails to break through and triggers your stop loss, you can sell it right away (just like every time you did before), but don't stop watching it right away; it may give you a second or third chance; after that, the trend is often stronger than before.
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JunJunIsTheBest : Will there be any buying points after this stock failed to break through?
I have this problem a lot too, so I wanted to ask how to deal with this situation
sTone83 OP JunJunIsTheBest : The green arrow in the picture is the second buying point. This is a simple breakthrough, shake out, and another breakthrough This kind of breakthrough is often more stable than the first time, because the weak are already scared out
sTone83 OP : A record high... the previous shake out made the chips pure ~