Strategy 12: Failed High of Day Breakouts
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Overview
Strategy 12: Failed High of Day Breakouts
Level: Intermediate
Experienced Instructor
About This Lesson
The stock breaks the high of the day with poor volume and fails to continue higher in the next minute, showing no Level 2 stacking on the ASK side to push the stock further. This indicates a potential reversal or lack of buying momentum.
Presented by
Michael Baehr
Michael, a retired Sergeant Major with 23 years of service, discovered Andrew’s book in 2018 and joined Bear Bull Traders to pursue his goal of becoming a full-time trader. He spent his retirement years focusing on trading education, developing a business plan, and enjoying time with his family and volunteering.
Downloads
- Failed High of Day Breakouts PDF
- TradeBook: Failed High of Day Breakouts
Michael Baehr's Recent Webinars
Lesson 7: Risk Management for Futures
Risk Management for Futures – Mike
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Download a copy of the presentation in PDF format here.