Tons of breakouts
July 25th, 2010
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All of a sudden, the market gave us a great opportunity to make some money. Lot of charts have been damaged by the recent sell-off. That created some value plays like TSTC. Oncethe value in these stocks is realized, the market might look into the growth plays.
That being said, our “Today’s trading setups” sectoin is full of strong breakouts again. This is a good sign and this usually means that this rally might have some legs and we can start buying stocks again. We added 11 stocks to our watchlist and most of them are still in the buying range. Please use our community if you have any questions on our watchlist.
Here is the chart of FNSR, which has formed a solid base and is looking to breakout.
