Sunday, June 20, 2010

Beautiful breakout!

LCUT which I mentioned on my blog on Thursday 16th broke out the next day on massive volume closing up over 4%. This is exactly the kind of action a breakout trader likes to see after entering a new breakout. LCUT still looks good and seems poised to continue moving even higher.

Good luck and good trading!

No comments:

Post a Comment

MY DAY TRADING RULES

I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...