Stockbee: Multi year range breakout

Multi year range breakout

September 10, 2012

The market had a breakout last week. The breakout was preceded by 13 days of base. The breakout also coincides with market taking out multi year high.

Below the surface quality breakouts on momentum stocks are increasing. The breadth trends are positive for last couple of weeks.

1 comment :

hawkSep 10, 2012, 8:33:00 AM
Ticker: IMH
Aug 15, 2012 - Last Earnings Date
Neglect, Low Float, Low Institutional Ownership,~300% EPS Growth from quarter before
Bought at $4.26
Exit at $8.52
My first 100% return

Thank You for EP
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