Breakout Anticipation setups | stockbee


Breakout Anticipation setups

Stocks having orderly pullbacks or sideways action during the correction . These stocks have established momentum and can breakout to upside in next few days.
As you can see slowly more and more stocks are setting up for next up leg. If overall market gains traction these stocks might lead the action.

At this stage the action is dominated by oversold bounces. That trade is now almost over as most things that had to bounce have bounced back. Some of those bounces are forming good short setups.

1 comment:

Saurabh Shah said...

PQ breaking out today. Some other good names are MXWL, WRES, GBX