When a stock breaks out and offers attractive entry opportunity, I document it on my Premium website - smarketpremium.com. Here are every stocks I documented between Jan 2014 and May 2014.
Breakout is a technical event when stocks breakout from a well defined resistance. Post breakout, it is expected that stock will run a distance. Every position has a protective Stop Loss at 8-10% and the idea is that winners will result in a very big move, upwards of 40%. Breakout is an Investment oriented event and should not be used for quick trading.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers