MHLXMIRU on Breakout; above 287 for Intraday on Wednesday

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MHLXMIRU on Breakout and with good volume; above 287 on Wednesday 15th Feb for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:

1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also

2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage

3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.

Both Safe Traders/High Risk Traders may book profits at this stage

Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"

The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
Transaction en cours
Triggered at 287
Transaction en cours
Stop-loss at 284
Note
Looks like facing rejection at our trigger price
Note
288 now
U may shift ur SL to 287 , if it crosses 290
Note
SL at 285
Trade fermée: ordre d’arrêt atteint
Trailing SL hit at 285
Note
though SL hit, reached 291.5 twice
Chart PatternsTrend Analysis

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