Spring: undercut and recover

The spring pattern, where a stock dips below a recent low and closes back above it, and how Breakaway detects it.

What it is

A spring is a false breakdown. The stock dips below a recent low, which triggers stop orders and draws in short sellers. Then it closes back above that low the same day. Everyone who sold the break is now wrong, and their buying back pushes the price up. Richard Wyckoff named the pattern a century ago. It still works, because stop orders still pile up under obvious lows.

How Breakaway uses it

SPRING fires when the day dips below the 10-day low and recovers to close above it. It counts on the finished day: during the session it keeps the last close's answer. It is a buying check. It is rare and it does not last long. The Fresh list, which shows stocks whose score rose today, is the best place to catch it.

SPRING, on a stock's page
Lit on the Score tab beside the other 13 checks, its rule a tap away.
The swing low, drawn
Key levels mark the 10-day swing low and the prior day's range.
Why a stock ranks
Its Quality Score, its rank, and the reasons behind it, on one card.
CEOs buying their own stock
Every CEO buy, biggest names first. Sort, filter, save the list, and set optional alerts.
Congress trades
A member's trades, newest first, each with its amount. Sort and filter the whole list.
The score, added up
Price action, the company, and signals, each with its points, summed into one number on every stock's page.
Earnings, week by week
Who reports each day, and how each stock took its last four reports.
FDA dates, counted down
Each date in the company's words, its cash against the date, and an optional alert before it.
The market map
Every stock a box, colored by its Quality Score.
Themes, ranked live
Each theme's stocks ranked by Quality Score, live. Here, AI chips.
The top 10, every day
The ten highest Quality Scores at each close, kept day by day, week by week.
Optional alerts, your way
Pick a stock, a score, a price, a filing, or a whole scan. It tells you by push or email.
Your watchlist, scored
Your stocks by Quality Score, today's move, or name.
On your phone and your laptop
The same account and watchlist on both, each laid out for its screen.

How to read it

A spring inside an uptrend, at the 21-day or 50-day moving average, is one of the higher-odds entries there is. The stop goes just under the spring low, so risk is small and clearly defined. A spring in a downtrend below a falling 200-day average is usually just a bounce. Read it with the regime, which says whether the stock is trending or choppy.

Spring: undercut and recover

What it is

How Breakaway uses it

How to read it

SPRING on real stocks today

Related

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