Breakout is the start of a Long run. All stocks don't do that but the ones that do make it count by undertaking huge move.
Case Study: Trident
This is what Trident stock did in January 2017: The stock broke out on the weekly chart
As a breakout follower - I covered the stock on smarketpremium.com
Here's how Trident stock breakout has played out in 2017 - It's up 44%
What's the fascinating part: the stock continues to exhibit momentum and brokerages are coming out with fresh buy report on the stock even after a steep rally
There is a reason why breakouts are super rewarding when they work out as visualized.
Premium Case Study: What I found after reading some successful breakouts of 2017
Science of Stock Price Action
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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