< Back to software workshop overview

Determine entry times

Discover how to determine entry points through breakout and support strategies with practical examples.

Determine entry times – thumbnail

Chapters

Quickly to:

Description

Determining the right entry points. Many systems give signals only late,
but there are ways to respond earlier. In this video we discuss
two practical strategies: breakout at highest point en buy near support.
With practical examples (Chevron and Hormel Foods).

What we cover

  • Why determining entry points is important: trend-following systems vs. active approach.
  • Two strategies: breakout at 52-week high, or entry at support.
  • Examples: Chevron (breakout) and Hormel (support).
  • Practical filter: stocks with stable performance and clear levels.

Step-by-step approach

  1. Apply filter. Select stocks with -10% to +10% performance over 3, 6, and 12 months.
  2. Determine levels. Look at 52-week highs and lows as logical zones.
  3. Breakout strategy. Entry at close above resistance with follow-through.
  4. Support strategy. Entry on bounce at 52-week low.
  5. Check examples. Chevron around high, Hormel around support zone.
  6. Follow up list. Keep an eye on multiple candidates for opportunities.

Key Points: Determining Entry Points

  • Two entry methods: outbreak and support.
  • No guarantees: always take failed setups into account.
  • Filter helps: limit to stocks with stable price movements.

Common pitfalls

  • Blindly buying at lows. Support may still break.
  • Breakout without confirmation. Wait for lock above resistance.
  • No exit plan. Without stopping, emotion takes over.

If you want to start investing for the first time, our
Investing guide for beginners a clear overview.

Short FAQ

What are good entry points?
Breakouts at 52-week high or buy around support at 52-week low.
Which examples were discussed?
Chevron as a breakout candidate and Hormel Foods as a support example.

Finding entry points with TransStock? Explore the filters and lists.

This publication is for educational and informational purposes only. It does not constitute an invitation to buy or sell, nor does it constitute personal investment advice.

This publication is for educational and informational purposes only. It does not constitute an invitation to buy or sell, nor does it constitute personal investment advice.

Did this help? Yes / No

Supplementary material