Jumped into Viropharma (VPHM) this morning at $17.11 on a break of previous highs, which it did in a very convincing manner. To say the least I am glad I got in when I did, though it is impossible to know that a stock will pop its top like it did soon after I got
Three more breakout plays this morning for you to feast on. As mentioned in the last post, I jumped in CERN, however, the breakout is still in progress, as it is currently just below where I got in at. Here are the 3 Breakout Plays.
Wasn’t planning on adding any new positions to the portfolio prior to the Fed announcement, but the setup in Cerner Corp (CERN) was too good to resist. A breakout to new all-time highs, after consolidating tightly over the past week or so – makes this trade very appealing to me. Here’s my chart and trade
Here are five more breakout plays. All of them are at or near or already in the process of breaking out. Keep in mind that in the short-term the market is getting overbought, and a lot of stocks could see consolidation/profit-taking, merely due to the market taking a breather. Â
Here are four breakout plays worth watching. I also went long on BSX this morning at $6.96 which is today’s long setup that I posted last night. Here are the four breakout charts.
Here is a list of some of the stocks that I am currently watching as breakout plays in this market. If the market can push ahead, these stocks should do incredibly well. Here’s the breakout plays with charts.
We’ve seen some weakness since the open – in fact there has been little incentive from the market to build on the day’s open. Right now, 1227 stands as the support level to watch for. If we break it, and close underneath the price level, I believe it greatly diminishes the euphoria behind this rally
Can’t say I am overly thrilled about where I chose to enter in this trade (hindsight 20/20 is always a stinker), but I still believe the trade is still intact, despite my overzealous nature at times to get in trades earlier than I should. The chart is worth checking out, and perhaps you can benefit
One of my early morning buys was in Baidu (BIDU), which gapped above ressitance and appears to be primed for a move higher in the coming days. Check it out for yourselves. Here’s my chart analysis on BIDU.