10/21/2013

Breakout Anticipation Setups for swing traders

Market has been acting very well. Technology and small caps are leading the action. Those two sector indexes are in new high territory. Possibly this rally might continue till year end.

Earnings season is also leading to good earnings breakouts. Higher priced stocks are leading the action with big Dollar Breakouts in number of stocks.

The IPO market is in red hot territory with IPO doubling on first day of trading .

All in all this is good market for momentum traders.

Stock likely to breakout soon

SCOR
TQNT
TSL
BDBD
PWRD
FDML


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