Expect earnings breakouts and breakdowns to dominate the action | stockbee

1/09/2012

Expect earnings breakouts and breakdowns to dominate the action



We continue to see mixed action with both breakouts and breakdowns. But some breakouts have nice setups.

Breakouts from bottom are best working breakouts currently.

WTW, LULU, NFLX, BFR, DNDN, GGAL , REE, are some of the biggest moving stocks in last one week. And they started the move from bottom.

On the short side SPRD,BKS, ANGI, GRPN, SPRD, APKT, MA, PSMT, SHLD, are some big moving stocks.

We are getting in to earnings season. So expect earnings breakouts and breakdowns to dominate the action.

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