The Breakout – the series

Breakout !!! Loved playing that game as a kid. Now I play a different sort of Breakout – with stocks. Here is a good B/O (Breakout) candidate setting up that I came across this morning:

I won’t mention that potential Golden Cross …

Go long on the break over 43.50 and set your stop according to your Risk Management parameters. For me, I would use the rising 20 day moving average below.

One more comment here, for the FA (Funadamental Analysis) point of view: forward P/E of 139.52 so be mindful of that.

Leave a Reply

Your email address will not be published.