Thursday trade - LEN

This was actually a pretty decent setup that just didn't work out. This was a base and break, and you can see the volume contraction before the breakout, the breakout occured on increasing volume and then proceeded to do a 180. This setup would have been stronger if the peak before the breakout was even lower then the previous peak. Also, the time of day was not ideal and the day was very choppy until the late day breakdown.

Setup: 70