Breakout Setups from Feb 02, 2015
The Stockbee 50 is a list of stocks with above average momentum. You can use the list for anticipation breakout or for breakout trades. Taking breakout trades is one way of making money while keeping drawdowns and per trade risk low.
EDAP is an example of breakout trade. It had a breakout yesterday. It went up 8.88% in one day. The market has been very volatile and everyone needs to be extra careful while taking a trade.
Focusing on Stockbee 50 list can offer you hundreds of profit making opportunities in a year once you learn how to use the list daily.
Anticipation Setups for Feb 03, 2015
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.
Anticipation requires more pre planning and effort then buying a breakout. You need a process flow to do that. The process should be done daily and followed consistently.
NFLX is looking very good from yesterday’s post. It has lost its ranking on the Stockbee 50 list as it is consolidating after a very good up move. I am very much watching this stock for adding to the already existing position.
QURE and HALO are the other two stocks that I am watching from the Stockbee 50 list for possible breakout to upside.