Sorry guys, today i was busier than usual and hence was not able to get online to tell you the breakouts. Nevertheless, you can find them below.
Again, there are no index stocks trading on breakouts. Hence I believe the much awaited bullish rally is still not here yet. So far all the breakouts are mostly penny stocks. I'm abit more concerned with trading penny stocks because they are more manipulative than the expensive index stocks. Livermore had advised in his book to trade only the leaders of the market which he had proven to be really the big winners. Hence i must be quick to take profit from my penny stocks breakouts. I will do more analysis and chartings on the breakout counters so far over the weekend. Meanwhile, please make do with the breakout shouts. And! if it's convenient, i hope you guys help to ehem... *wink* wouldn't take much effort from you right? Free information leh, unlike other sites :P Furthermore, you will be doing charity too as i donate to the charity every month. : )
CapComm Trust - Although it's a reits, but it has registered a breakout. How will a reits perform after a breakout? Previous history shows that it will be a slow incline. Perhaps reits should not be taken into considerations. Let's observe and see how it goes.
Hongguo - Breakout! 0.275 ought to be the first target. Daily chart seem to show a double bottom.
Chuanhup hldg - This one has my guest, Randy jumping mad. : ) A whopping 10 mil volume today and 4 cents gain....Breakout! Don't ask why, because insider will never let us retailers know. Just follow the technicals : )
