Anticipating a breakout helps you get an early entry and can improve your per trade profits. It can also lower your risk as your stop is close. It can help you profit from even smaller moves.
The Stockbee 50 is a list of stocks with above average momentum. These are the fastest moving stocks in the market currently. For swing traders they offer good 3 to 5 days opportunity
Stocks with above average momentum, move in sharp 3 to 5 bursts of 8 to 40%. Swing traders focus on these kinds of setups.
LJPC and BLUE are two stocks I am watching in anticipation of a breakout. These setups are for swing traders for 3 to 5 days of swing trade.
SRNE, HALO and DRNA are some other stocks on the Stockbee 50 list which are in the process of forming a base.