Failed breakout idea

I was actually looking at going long at the break of 10.5 yesterday in AMAT when I realized this is one of those setups that isn't quite right and is more likely to fail. The volume contraction is there but the bars aren't very narrow range, and it looks overextended. I'm always looking for a strategy that works well in choppy, rangebound conditions and trading failed breakouts is one contender. This could work well because it doesn't require a complete shift in thinking. I'm always looking for breakouts anyway, so if I find a weak setup, I can take the opposite side of the trade.