A stock just hit a 20-day high. What should you check next?
Define the trigger precisely, then work through the context that a new 20-day high leaves unanswered.
Understand the setup. Check the context. Keep the decision yours.
Practical guides for understanding setups, filtering noise, and making more consistent trading decisions.
These guides explain what a market check can tell you, what it leaves unanswered, and what to look at next. No mystery scores. No promise that one indicator produces a profitable trade.
Start with the full first-pass checklist, or go directly to the trigger or indicator you want to understand.
A breakout is a reason to review a chart, not proof that the move will continue. Use this first-pass checklist to make that review consistent.
Read the breakout checklist1What happened?Define the exact trigger.
2What supports it?Check trend, volume, and volatility.
3What needs attention?Find events, nearby levels, and unknowns.
4What remains yours?Risk, judgment, and the trading decision.
Focused guides, each answering one question without pretending it answers the next one.
Define the trigger precisely, then work through the context that a new 20-day high leaves unanswered.
An intraday price event and a finalized closing breakout can produce different results without contradicting each other.
Twice the normal activity is useful context. It is not a direction, a confirmation, or a universal threshold.
RVOL measures how unusual activity is against a defined baseline. A volume spike describes when activity changes abruptly.
Daily RVOL describes a completed session. Time-of-day RVOL compares live activity with an aligned intraday baseline.
Price position, moving-average slope, distance, and persistence are separate facts. One green check cannot replace them.
A 50-day and 200-day crossover records a change in two lagging averages. It does not identify the turn or predict what happens next.
ATR can tell you that movement has changed. It cannot tell you which side is right or what happens next.
Average daily range measures the session's high-low span. ATR also accounts for gaps from the previous close.
A correct price alert can still leave the important questions unanswered. Here are seven places to look before drawing a conclusion.
A scheduled earnings release adds event context to a chart. It does not predict the outcome, the reaction, or the next opening price.
Unknown means a relevant question cannot be answered from the available evidence. It should stay visible, with a reason.
A passed checklist records what met the rule at a defined time. It does not forecast the next price move or turn context into a trade call.
Alert fatigue starts when notifications lose a clear handling rule. Audit purpose, urgency, duplication, and scope before silencing everything.
An entry signal is one input. Profitability depends on the complete system around it: edge, risk, execution, costs, and evidence-based review.
Win rate counts how often trades finish positive. Expectancy also includes the size of wins and losses, costs, and the limits of the sample.
Calculate quantity from planned risk, then account for costs, exposure limits, and the losses a stop cannot cap.
Replace vague chart descriptions with explicit triggers, context checks, and lifecycle rules, then test boundary cases before using the definition.
Read by setup for the whole review, by indicator for one number, or by process for clearer evidence handling.
HeraldGoat guides use explicit definitions, reproducible examples, visible sources, and clear limitations. Hypothetical numbers are labelled. Product capabilities are described as live, planned, or unavailable, rather than blurred together.
The product handles repeatable monitoring and first-pass context. It does not create an edge, manage risk, recommend trades, or make a trader profitable.
Question a guideHeraldGoat is being built to run that first pass across selected US equities, put the trigger and surrounding facts in one alert, and leave the decision with you.
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