MXL a high volume breakout | stockbee

3/16/2016

MXL a high volume breakout


MXL was consolidating near high for last 7 days. Today it is breaking out on high volume.

Momentum bursts like these can lead to quick 8 to 20% move in 3 to 5 days. However in this market many stocks have struggled to follow through post breakout to new high. especially growth stocks have struggled as beaten down stocks have outperformed so far. 

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