Swing Trading is all about buying a breakout and holding for 2-3 weeks or months.
The charts represent everything about a stock, so using chart patterns for understanding the breakout is best way.
There are following types of breakout that occur regularly in charts.
1. Head and shoulder
2. Inverted head and Shoulder
3. Cup and handle
4. Inverted cup and handle
5. Ascending Triangle
6. Descending Triangle
7. Channel Breakout
Examples of Breakout
The charts represent everything about a stock, so using chart patterns for understanding the breakout is best way.
There are following types of breakout that occur regularly in charts.
1. Head and shoulder
2. Inverted head and Shoulder
3. Cup and handle
4. Inverted cup and handle
5. Ascending Triangle
6. Descending Triangle
7. Channel Breakout
Examples of Breakout
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