"4th attempt breakout"

Almost always when a stock hits a resistance or support level for the 4th time, it will break that level. 

This pattern is not a guarantee, there are no guarantees in the market, but this is a pretty reliable setup, especially if there is a Higher Low in place before each attempt. Also, keep an eye out for false breaks leading up to the last attempts. Insto's will try to shake of any "dead wood" before they push it up. They do this to accumulate the last of their orders.

Examples below:

 

 

Another example of a 4th attempt breakout

 

 

 

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