Breaking out
Current regular-session price is at least 0.5% above the morning high. The label describes the current position and does not predict follow-through.
Burner Watchlist / market field guide
What a Late Day Breakout chart can show
A Late Day Breakout describes a sequence sometimes seen on an intraday chart: an early rise, a pullback or sideways pause near VWAP, and a later move toward or through the morning high. VWAP is an average price weighted by trading volume. The pattern describes recorded prices; it cannot tell what happens next.
A simple way to read the sequence
Structure varies by chart
- 01 / APPROACH
Price rises early and sets a morning high.
- 02 / PAUSE
Price pulls back or moves sideways, sometimes near VWAP.
- 03 / BREAK
Later, price may approach or cross the earlier high. What follows is uncertain.
Scanner vocabulary
What the result labels mean
Approaching high
Current price is within 0.2% of the morning high, or a one-minute bar tested that area during the last five minutes.
Setting up
Current price is below the morning high by no more than 3%, and the 11:45 price was within 2% of cumulative VWAP from 09:30.
Coiling
Current price is more than 3% and no more than 9% below the morning high, and the 11:45 price was within 4% of cumulative VWAP.
Chart gallery
Four chart examples
These supplied charts show different price paths. Some contain handwritten notes about entries, exits, or dollar outcomes. The notes are part of the examples, not instructions to buy or sell, claims about typical results, or predictions.
Example 1illustrative, simplified from a real chart Example 2illustrative, simplified from a real chart Example 3illustrative, simplified from a real chart Example 4illustrative, simplified from a real chart
Two observed time windows
Price movement can extend across sessions
Select a time window to read a neutral description of the chart sequence.
Path 01 / regular session
Price movement within one session
This example describes price moving above a watched session high and then reaching the regular-session close.
The chart records an observed sequence only. Price can stall, reverse, or continue, and later movement is unknown.
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Open the scanner separately
This educational guide does not unlock results. The scanner keeps its existing access check.