How to find stock likely to breakout

Using the narrow ranges on 10, 5 and 1 day scans in Telechart you can scan to find stocks in consolidation phase like KLIC.

10 day narrow range

(100 * (C - C10) / C10) <= 5 AND (100 * (C - C10) / C10) >= ( - 5)

5 day narrow

(100 * (C - C5) / C5) <= 1.5 AND (100 * (C - C5) / C5) >= ( - 1.5)

1 day narrow

(C < C1 * 1.01 AND C > C1 * .99) AND (C < C2 * 1.01 AND C > C2 * .99)

Use standard liquidity condition to eliminate low volume stocks and  Stockbee Trend Intensity  above 105 to focus on only stock with momentum .

You will see some nice emerging setups.