How to select the best 4% breakout setups

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What criterias to use to shortlist good setups from 4% scans.

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Pradeep Ji - Pure gem of a content. No single minute is wasted on lengthy intro, general nonsense by other youtubers about subscribe, ads etc. Thank you for very informative content.

vijayenderbandaru
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Hi Pradeep Cant your Scan 4% breakout have all the Criteria fit in the scan? like closing at high of day, previous day slight negative or slightly up(<=0.4%), Base of 5 days and or base of 40 days, Higher volumes on breakout day, linear move first leg prior breakout.

gaveelmurug
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Hello Pradeep, Is it possible to avoid the stocks that are choppy and those coming out of base using a formula in TC2000. Thanks

aruneshuma
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Pradeep, you are clearly showing the importance of attention to detail when it comes to using the 3LYNCH criteria. Ending up with only 4 stocks available for possible trading is no joke Thank you

VellaPaul
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Pradeep, the best video ever in the internet to explain a breakout strategy. Thanks a ton for this. One little clarification required. You meaned that the volume should be greater than yesterday volume and you get into the trade within the first 30 min. So the question is, does the volume in the first 30 min should be more than the entire previous day volume? thanks

aruneshuma
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hi :)
thank you for the great advice!
Do you mean narrow day range from High to Low or from Close to Open? :)

joedepee
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What do you mean by close near the high? The high of previous candle or or last top? Or perhaps something else?

duke_fleed
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I just would like to know if this is your go to screen for the first 30 minutes of trading? In the past I didn't have real time quotes but I just signed up for it.
Thank you for sharing your knowledge.

teslamr
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Would you still be looking for this kind of setups in this market environment when the indices are making all time highs everyday, market breadth is horrible, or would you wait for a correction and rebound?

joannahuc
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Pradeep, is the 4% measured from the prior day's close, or the current day's open? Thank you!

dthetrader
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Up 4%, volume> 1 day ago volume, volume

pragatisjourney
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thank you for your sharing, one thing i have noted of your charts is they are clean, no moving averages or other stuff

MeArcides
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Hello sir I have tested your setups your knowledge is great sir can you teach me how to trade or do you have any courses it would be very helpfull

mdafroz
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I'm a swing trader and that is excellent info, many thanks Pradeep.
Do you advise buying on breakout day or next day?

peterhyde
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Shouldn't the breakout be dependent on Average Daily Range %?? If you have a stock that has a high ADR%, then a 4% breakout will be meaningless. I am presuming that these parameters have to be adjusted according to the stock in question.

jasonbourne
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hello is the close 20% near high in range? or Price?

kevinmiole
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HI Pradeep
I, m looking at TLRA on a 4% BO. Is this a good setup? and if so, would u buy near the high at todays close or put in a buy stop for tomorrow above todays close?
Thanks
Jerry

geraldsinger
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How do you proceed in a stock with a weak close after buying like the example you provided?

erickelly
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