{"id":19530,"date":"2023-05-11T14:57:57","date_gmt":"2023-05-11T18:57:57","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=19530"},"modified":"2023-06-22T13:21:39","modified_gmt":"2023-06-22T17:21:39","slug":"breakaway-gaps-sideways","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/breakaway-gaps-sideways\/","title":{"rendered":"Explosive Breakaway Gaps: How to Unleash Profits in a Sideways Market"},"content":{"rendered":"\n<figure class=\"wp-block-image is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/230511SHOP3.png\" alt=\"SHOP breakaway gap\" width=\"704\" height=\"616\" title=\"\"><\/figure>\n\n\n\n<h1 class=\"wp-block-heading\">As the market stubbornly trades sideways, many traders are left scratching their heads, wondering where the next big opportunity lies. Fear not! Breakaway gaps can offer remarkable profit potential, even in this challenging environment. Here&#8217;s how&#8230;<\/h1>\n\n\n\n<p><em>Do you find yourself staring at the stock market&#8217;s sideways dance with a sense of frustration? <\/em><\/p>\n\n\n\n<p><em>Are you longing for lucrative opportunities amidst the market&#8217;s apparent stagnation? <\/em><\/p>\n\n\n\n<p>It&#8217;s time to shift your focus to breakaway gaps! These powerful price patterns have the potential to catapult your trading success to new heights. <\/p>\n\n\n\n<p>In this blog post, we not only introduce you to the world of breakaway gaps, but also showcase the impressive gains achieved by members of our winning <a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" data-type=\"URL\" data-id=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">swing trade alerts<\/a> service. <\/p>\n\n\n\n<p>So, let go of your market woes and <em>continue reading<\/em> to discover the hidden profit potential of breakaway gaps.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">TABLE OF CONTENTS<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/morpheustrading.com\/blog\/breakaway-gaps-sideways\/#Sideways_market_No_problem_for_breakaway_gaps\" >Sideways market? No problem for breakaway gaps<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/morpheustrading.com\/blog\/breakaway-gaps-sideways\/#Profiting_with_Real-Time_Alerts_A_Closer_Look_at_the_Charts\" >Profiting with Real-Time Alerts: A Closer Look at the Charts<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/morpheustrading.com\/blog\/breakaway-gaps-sideways\/#Shopify_SHOP\" >Shopify ($SHOP)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/morpheustrading.com\/blog\/breakaway-gaps-sideways\/#Celsius_CELH\" >Celsius ($CELH)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/morpheustrading.com\/blog\/breakaway-gaps-sideways\/#Join_The_Wagner_Daily_Your_proven_pathway_to_trading_success_and_an_exclusive_community\" >Join The Wagner Daily: Your proven pathway to trading success and an exclusive community<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sideways_market_No_problem_for_breakaway_gaps\"><\/span>Sideways market? No problem for breakaway gaps<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The market&#8217;s sideways trading pattern over the past month has created a difficult landscape for breakout attempts. However, <strong>breakaway gaps have managed to defy these conditions<\/strong>, leading to impressive gains for savvy traders who know how to spot them.<\/p>\n\n\n\n<p>If you are unfamiliar, breakaway gaps occur when a stock opens sharply higher than its previous close, backed by massive volume, marking the start of a robust trend. This pattern most frequently occurs during earnings season, when stocks with strong results form explosive opening gaps. You can learn more about this in our previous posts: <a href=\"https:\/\/new.morpheustrading.com\/blog\/gap-trading-strategy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gap Trading Strategy<\/a> and <a href=\"https:\/\/new.morpheustrading.com\/blog\/breakaway-gaps\/\" target=\"_blank\" rel=\"noreferrer noopener\">Breakaway Gaps<\/a>. <\/p>\n\n\n\n<p>In the recent earnings season, stocks like $SHOP, $CELH, $ONON, $UBER, and $LULU have exhibited stellar performance, with<strong> buyable earnings gap-ups leading to explosive results<\/strong>. These stocks have outpaced the broader market, demonstrating the power of <a href=\"https:\/\/www.investopedia.com\/terms\/b\/breakawaygap.asp#:~:text=What%20Is%20a%20Breakaway%20Gap,no%20trading%20activity%20takes%20place.\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.investopedia.com\/terms\/b\/breakawaygap.asp#:~:text=What%20Is%20a%20Breakaway%20Gap,no%20trading%20activity%20takes%20place.\" data-schema-attribute=\"about\" rel=\"noreferrer noopener\">breakaway gaps<\/a> in action.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Profiting_with_Real-Time_Alerts_A_Closer_Look_at_the_Charts\"><\/span>Profiting with Real-Time Alerts: A Closer Look at the Charts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Our live Swing Trader Chatroom has been instrumental in identifying breakaway gap opportunities, enabling members of the MTG tribe to reap substantial profits. For example, Shopify ($SHOP) has exploded higher since we alerted <em><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" data-type=\"URL\" data-id=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Wagner Daily<\/a><\/em> subscribers to its gap-up<em> less than one week ago<\/em>. Let&#8217;s take a closer look. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shopify_SHOP\"><\/span>Shopify ($SHOP)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>We first highlighted $SHOP as a buyable stock, just a few minutes after the market opened, near the $56 level. Members who acted on this call saw the stock rally an impressive <strong>+18% in just a few days<\/strong>, before the price pulled back back yesterday:<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/230511SHOP3.png\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/230511SHOP3.png\" alt=\"SHOP DAILY  \" height=\"616\" title=\"\"><\/a><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><iframe loading=\"lazy\" style=\"display: block; margin-left: auto; margin-right: auto; max-width: 100%;\" src=\"https:\/\/4966a6ff.sibforms.com\/serve\/MUIFAOf9bvBTF4QnPQ3B5wTW2ecTOeQVIQsf40XycgIcKuG9iuHv5B-HvYxH3oMtYqk8CpnZgIWnQC7OEgNim5fzHUw9Kwzr6lrBD3uDSyXNidYJ15nkTzGwE82gHCC2f2dj1Q5Q3EB2MU2eroD8r3cIH_lmcDlmPFJKVRuLEh35163JTf5gt358GW6sNB_OFbMORhbj45FpQxd2\" width=\"540\" height=\"840\" frameborder=\"0\" scrolling=\"auto\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Celsius_CELH\"><\/span>Celsius ($CELH)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yesterday (May 10), we alerted chatroom members to another profitable opportunity in Celsius ($CELH), which responded to a strong earnings report with a +10% breakaway gap on massive volume.<\/p>\n\n\n\n<p>As shown below, we mentioned $CELH as a potential buy entry around $124 (just a few minutes after the open):<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/230511CELH3.png\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/morpheustrading.com\/~rick\/\/charts\/2021\/230511CELH3.png\" alt=\"CELH DAILY  \" width=\"704\" height=\"616\" title=\"\"><\/a><\/figure>\n\n\n\n<p>If you missed yesterday&#8217;s opening breakaway gap in $CELH, don&#8217;t be discouraged. You&#8217;ve still got plenty of opportunity for a potential buy entry.<strong> Just read about the <a href=\"https:\/\/new.morpheustrading.com\/blog\/gap-trading-strategy\/\" data-type=\"URL\" data-id=\"https:\/\/new.morpheustrading.com\/blog\/gap-trading-strategy\/\" target=\"_blank\" rel=\"noreferrer noopener\">5 different ways to enter a breakaway gap<\/a> (even after the initial gap up day). <\/strong><\/p>\n\n\n\n<p>Uber ($UBER) and Lululemon ($LULU) are two more recent breakaway gap success stories we recently alerted members to. On Holding ($ONON) has rocketed +28% higher since its breakaway gap just 7 weeks ago. Imagine the excitement of watching your portfolio grow as you capitalize on these explosive moves.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Join_The_Wagner_Daily_Your_proven_pathway_to_trading_success_and_an_exclusive_community\"><\/span>Join The Wagner Daily: Your proven pathway to trading success and an exclusive community<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you&#8217;re seeking a proven and reputable resource to help you navigate the world of trading, look no further than <em><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" data-type=\"URL\" data-id=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">The Wagner Daily<\/a><\/em>. Brought to you by Morpheus Trading and in <em>continuous publication since 2002<\/em>, our exclusive swing trading service has helped thousands of traders unlock the potential for remarkable returns.<\/p>\n\n\n\n<p><em>The Wagner Daily<\/em> service was created by <em>Deron Wagner, a best-selling author of trading books and a respected expert<\/em> in the field. Under his guidance, you&#8217;ll gain access to a comprehensive trading package that includes our exclusive swing trader chatroom, where you can engage with fellow traders, share insights, and receive real-time trade analysis. Additionally, you&#8217;ll <strong>receive real-time trade alerts directly to your phone<\/strong>, ensuring you&#8217;re always connected to the latest opportunities.<\/p>\n\n\n\n<p>By joining our winning <a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" data-type=\"URL\" data-id=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">swing trade alerts service<\/a>, you&#8217;re not only investing in your trading success but also <strong>becoming a valued member of the friendly MTG Tribe<\/strong>. This close-knit community of traders offers invaluable support, camaraderie, and shared learning experiences, empowering you to grow and thrive in the world of trading.<\/p>\n\n\n\n<p>Imagine being part of our next success story, generating<em> impressive returns even in a sideways market! <\/em><strong>Trading with MTG is more than just an excellent side hustle&#8212;it&#8217;s<\/strong> <strong>your gateway to potential financial freedom, <\/strong>backed by the expertise and reputation of a trusted industry leader, with the support of a like-minded tribe.<\/p>\n\n\n\n<p>We understand that embarking on a new trading journey can be daunting, which is why we offer a &#8220;no nonsense&#8221; <em>30-day satisfaction guarantee<\/em>. <a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" data-type=\"URL\" data-id=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Test drive <em>The Wagner Daily<\/em> risk-free<\/a>, and if it&#8217;s not for you, simply let us know within the first 30 days.<\/p>\n\n\n\n<p>Don&#8217;t let opportunities like $LULU, $ONON, $UBER, $SHOP, and $CELH pass you by. Join the ranks of <em>thousands<\/em> of successful traders who have already unlocked stellar gains with our explosive swing trade alerts. <strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" data-type=\"URL\" data-id=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Get started now<\/a><\/strong> <strong>with your <em>Wagner Daily<\/em> subscription and learn to trade with confidence<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the market stubbornly trades sideways, many traders are left scratching their heads, wondering where the next big opportunity lies. <\/p>\n<p>Fear not! Breakaway gaps can offer remarkable profit potential, even in this challenging environment. Here&#8217;s how it works&#8230; <\/p>\n","protected":false},"author":1,"featured_media":19538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-19530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-trading-strategy"],"_links":{"self":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/comments?post=19530"}],"version-history":[{"count":9,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19530\/revisions"}],"predecessor-version":[{"id":19634,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19530\/revisions\/19634"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media\/19538"}],"wp:attachment":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media?parent=19530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=19530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=19530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}