There are several different ways stocks break out to new highs, but if you buy into stocks that have gone too far too fast, you risk nasty drops. So, to reduce that risk, here are 5 stocks that JUST broke out. All are too expensive/slow moving for TIM, but probly not for some of you—especially new high lovers like Lindzon. In any case, let’s see how these guys fare over the next month, I’ll revisit them on March 24th.
A Sirius-tpye 1.35 billion share float can’t stop Brazilian cell phone play Vivo Participacoes (VIV) making a picture perfect breakout. Viva participado en la fiesta!
Equipment maker Flowserve (FLS) proves bribery is good business. Not even kidding, check this crap out.
Appropriately named Chinese medial maker China Medical Technologies (CMED) reports earnings on Thursday, 1.6 million shorts going into cardiac arrest.
Is it wrong that food safety expert Neogen (NEOG) prays for worldwide food contamination?
Tired of losing money in the stock market, people prefer losing money while sucking down free drinks at casinos, a strategy applauded by slot machine maker International Game Technology (IGT)
Disclosure: No positions
Posted in Breakouts, Patterns To Buy