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Breakouttrading

AMD: Ready to Break Out – Confluence Supports and Bullish PatterI’ve already written a weekly analysis on NASDAQ:AMD , which you should read before this one, as it explains the broader technical and fundamental support in the bigger picture. Looking at the 4-hour chart, we can see the more granular movement of the stock over the last few months. The fact that we held the trendline, which has been in place since 2023, is a good sign that overarching algorithms still have an interest in the stock. The trendline also corresponds to a so-called "confluence support," where multiple support levels overlap. 1. Trendline Trendlines alone are not reliable price action structures, as they are often broken during consolidations without affecting the overall trend. However, since this trendline is older, has been tested multiple times, and now coincides with other support levels, it serves as one of several building blocks. 2. Fibonacci Retracement We hit the 61.8% Fibonacci retracement (horizontal yellow line) exactly and bounced upward from there. The 61.8% Fib is always a good reversal point during pronounced consolidations, as we’ve seen here. AMD has been consolidating since March 2024, over nine months now. 3. Horizontal Support In addition to the Fibonacci retracement, the price range between $117 and $121 was already a support area. This zone has been a support and resistance level since September 2021 and has consistently prompted strong price reactions. 4. Descending Wedge The current leg down is forming a descending wedge, which breaks upward in more than two-thirds of cases, making it a bullish pattern. The target for a breakout is typically the highest point of the wedge, which currently means a target around $170. However, a conservative trader always plans more cautiously, so we’ve combined our target with the last gap close. 5. Gaps While not a proper support level, the still-open daily gaps at $137 and $158 act as magnets for higher prices. These gaps lie along the path upward and make good spots to place take-profit levels. Fundamental Reasons AMD's Position: With the launch of the MI300 series, AMD has taken a significant step toward competing with NVIDIA in the AI GPU market. These chips are optimized for high-performance computing and generative AI. Potential: In Q3 2024, AMD generated $1.5 billion in revenue from the data center segment, a 42% year-over-year growth. This growth is expected to accelerate further in 2025 due to AI applications. Market share: AMD has consistently gained market share from Intel in the CPU market, especially in the server segment. According to Mercury Research, AMD’s server CPU market share rose from 23.4% in Q3 2023 to 26.5% in Q3 2024. Forecast : With the planned launch of Zen 5 processors in H2 2025, AMD is expected to gain even more market share, driven by improved performance and energy efficiency. EV Market: Additionally, the electric vehicle market, after weaker years in 2023 and 2024, is expected to regain momentum. This will significantly impact the semiconductor market as a whole.
NASDAQ:AMDLong
by LGNDRY-Capital
3
Amazing breakout on WEEKLY Timeframe - DECCANCECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:DECCANCELong
by Yoyohoneysingh93
Amazing breakout on WEEKLY Timeframe - SIDDHIKACheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:SIDDHIKALong
by Yoyohoneysingh93
Reliance looks to be the BEAST amongst BEARS!!Reliance has been on a decline for a while and we have all wondered about when this beast of a bull will come to party!!.....May be the time has come!! - MACD is positive - Volume is high and RSI increasing over last few trading sessions - Taken support 2 or 3 times in the 1205-1210 level - Breaking out of a Falling Wedge pattern - Taken support from 68.2 Retracement on Fibonacci and crossed 1260 - indicating an impulse pattern Next stop 1290-1300 and eventually 1350!! Fingers crossed
NSE:RELIANCELong
by nyk255678
2
Btc/UsdtBINANCE:BTCUSD 🚨 **BTC Price Update** 🚨 - Current Price: **$96,085** - **OB Level**: $100,000 (This is a key level to watch closely) 💥 - **Mitigation Level**: **$100,000** (If price doesn’t hold here, expect a retrace) 🔄 - **Next Target**: **$98,453** (If the price starts climbing, this could be a next resistance level) 📈 - **Support Levels**: - **$92,000** 🛠️ - **$85,000** 🛑 If BTC doesn’t hold the current levels, expect some pullback. If it bounces off support, it could be an opportunity for a reversal. 🔄 Remember: This is **NOT financial advice** — just a general analysis! Always do your own research. 📊 ---
BINANCE:BTCUSDLong
by Wolftrader1337
1
Amazing breakout on WEEKLY Timeframe - BROOKSCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:BROOKSLong
by Yoyohoneysingh93
Amazing breakout on WEEKLY Timeframe - AZADCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:AZADLong
by Yoyohoneysingh93
Amazing breakout on WEEKLY Timeframe - HILTONCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:HILTONLong
by Yoyohoneysingh93
Amazing breakout on WEEKLY Timeframe - KABRAEXTRUCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:KABRAEXTRULong
by Yoyohoneysingh93
Amazing breakout on WEEKLY Timeframe - JINDWORLDCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:JINDWORLDLong
by Yoyohoneysingh93
Amazing breakout on WEEKLY Timeframe - LLOYDSENTCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:LLOYDSENTLong
by Yoyohoneysingh93
Amazing breakout on WEEKLY Timeframe - PROZONERCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:PROZONERLong
by Yoyohoneysingh93
Amazing breakout on WEEKLY Timeframe - VAKRANGEECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:VAKRANGEELong
by Yoyohoneysingh93
$NASDAQ:AAOI Bullish Pennant Setup - 77% upsideNASDAQ:AAOI is forming a bullish pennant. Here are my thoughts on a setup. Buy-in Target: Conservative - $39.50 after confirmation that a breakout is happening - My signal is when the stock closes above $39.50 with relatively higher volume. Higher Risk/Reward - Purchase now (~$34) and set a stop loss at a point where it looks like the pennant is breaking down (~$32). This can be tricky because I've seen pennant patterns mutate into flag patterns (go from triangular to rectangular). If that happens they you'd want your stop set at ~$28. Price Target: $69.34 - I'd probably start a trailing stop quote (%) around $66 with a 5% threshold. Doing this allows the stock to continue to climb, but gives you a stop if momentum starts to collapse.
NASDAQ:AAOILong
by dzygadlo
APT/USDT Key Support Level in Focus for Potential Bullish RThe chart showcases a potential breakout scenario for APT/USDT, as the price is attempting to establish $10 as a solid support level. A successful confirmation of this level on higher timeframes could pave the way for a bullish rally. Key Observations 1. The price is consolidating around the critical $10 zone, attempting to flip it into support. 2. Confirmation of $10 as support on a higher timeframe is essential to validate upward momentum. 3. Aptos remains undervalued below $10, presenting a favorable accumulation zone. Strategic Implications Monitor closely for higher timeframe confirmation of the $10 support level. A sustained hold above this level may trigger an upward move, making it a strong candidate for a long position. Be cautious of false breakouts and ensure adequate risk management in case of unexpected price dips.
Long
by wsaetos
ARB/USDT Symmetrical Triangle Breakout with Pullback OpportunityThe chart depicts a Symmetrical Triangle pattern, indicating a phase of consolidation followed by a confirmed breakout to the upside. Currently, the price is undergoing a pullback, presenting a potential opportunity for entry within the retracement zone. Key Observations 1. The Symmetrical Triangle structure has already been breached, signaling the continuation of bullish momentum. 2. The price is retracing towards the $0.85–$0.84 zone, which aligns with key support and represents an attractive area for accumulation. 3. The projected target post-breakout is approximately $1.00, consistent with historical resistance levels and the triangle's measured move. Strategic Implications Focus on the pullback as a buying opportunity near $0.85–$0.84. Ensure the pullback holds within this range to confirm support and validate the bullish setup. Look for signs of reversal, such as bullish candlestick patterns or increased volume, to reinforce confidence in the trade. Set a stop-loss below $0.80 to mitigate downside risk, while aiming for the $1.00 target as the primary profit zone.
Long
by wsaetos
ICP/USDT Bull Flag Breakout is Loading....The chart highlights a classic Bull Flag pattern, which signifies a potential continuation of the upward trend. At present, the price is consolidating within the confines of the flag, indicating a phase of market indecision as it builds momentum for a breakout. Key Observations 1. The Bull Flag structure remains well-defined, with the price oscillating inside a descending channel. 2. Support is evident along the lower boundary around the $11.5 mark, offering a logical entry point for buyers. 3. A decisive breakout above the upper boundary of the flag would confirm the bullish outlook and could trigger a strong upward surge. 4. The projected target for this move lies above $14, aligning with significant resistance levels observed previously. Strategic Implications Patience and vigilance are crucial. Focus on identifying a breakout above the upper boundary, ideally accompanied by increased trading volume to affirm the move. In the event of a retest near the $11-$11.5 support zone, it could provide a favorable opportunity for initiating long positions. Be mindful of potential false breakouts and use risk management strategies, such as setting appropriate stop-loss levels, to protect your capital.
Long
by wsaetos
2
ALANSCOTT BO & wait for retestThe stock provided a breakout and is currently encountering some supply at its all-time high. It would be wise to let it absorb this supply and wait for a retest before considering entry. For a successful SL hit, we should ideally see a strong 1week candle on our chart—it’s crucial to use that timeframe. Following the breakdown, the ideal exit point would be after a consecutive candle that breaks below the breakdown candle As always, remember to do your own research before making any investment decisions!
BSE:ALANSCOTTLong
by ShivNetha