What to Look For:
Prior uptrend: 30% or more
Base depth: 15% or less
Base length: At least 5 weeks- The first down week in the base counts as Week #1
Ideal buy point- 10 cents above the peak within the base- Buying range: Up to 5% above the ideal buy point- Always buy as close as possible to the ideal buy point
Volume on day of breakout: At least 40%-50% above average
Prior uptrend: 30% or more
Base depth: 15% or less
Base length: At least 5 weeks- The first down week in the base counts as Week #1
Ideal buy point- 10 cents above the peak within the base- Buying range: Up to 5% above the ideal buy point- Always buy as close as possible to the ideal buy point
Volume on day of breakout: At least 40%-50% above average
