How to find breakout stocks? Back to list

Member SinceJul 08, 2021

Posts 167

Wilburn

Oct 13, 2021 a 11:32
To find breakout stocks, you must first identify a market with a clearly defined region of support or resistance. It has previously been demonstrated that the more times a stock bounces off of this level, the better. A market consolidates when it becomes trapped in a channel between clearly defined support and resistance levels. Many patterns inside a consolidation may signal the impending breakout, including heads and shoulders, triangles, and flags. Bigger breakouts usually occur after longer consolidations. If a stock has been trading in a narrow range for a long time, it often makes a larger move than one that has been consolidating for a few weeks.

Member SinceAug 09, 2021

Posts 197

Hightrade

Oct 13, 2021 a 19:07
Successful investing is all about finding those stocks that are on the verge of becoming breakout stocks. Investors and analysts look for stocks with a few qualities: strong fundamentals, fast-growing valuation, and high market capitalization. A small group of stocks with these characteristics will eventually break out and become some of the biggest winners on the market.

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