The market is trying to find its identity still this morning. Employment did not have the effect that many were thinking (including myself) it would have – which is starting to become a trend with these major reports, where we get a lot of reaction, but ultimately we settle somewhere around where we started.
Below, I’ve provided you with four breakout charts that you may want to play. I would look to book profits in these stocks incrementally as the position increases in volume. I would also play these with a tight stop-loss.
LONG: American Capital (ACAS)
LONG: AgFeed Industries (FEED)
LONG: Boyd Gaming (BYD)
LONG: Apogee Enterprises (APOG)