Breakout anticipation setups for swing traders
If a stock is being actively bought by funds or large speculators, because of their demand it will have very shallow correction and will show very narrow range days. Volatility becomes low during such periods. The low volatility period is followed by breakout.
Following stocks are selected from list of over 500 stocks with one year anchored momentum. They are currently in momentum pause phase on smaller time frame. Some of them can make explosive 3 to 5 days move that can be of 8 to 40% magnitude.
Stocks likely to breakout in next few days
HLF
BPI
WEN
TQNT
III
RGEN
GLF
WAGE
PTIX
AMED
FENG
GBCI
FDML
VRX
NUS
This list is published daily for the benefit of blog readers.
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