How to find stocks that are about to breakout
Breakout stocks today | NYSE, NASDAQ and AMEX. This scan helps traders identify today's breakout stocks as they happen. Breakout stocks are defined as those having moved beyond resistance levels. Breakout stocks often exhibit sharp and sudden upward moves. At Stockbeep we use the 5-day range to indicate current resistance and support levels. Chart Basing Patterns: How to Find Top Stocks to Buy ... Jan 21, 2020 · Stock breakouts are about more than simply buying stocks that are trading at new highs. In order for a breakout to be valid and without a high risk of failure, a stock must first possess a valid base of consolidation on its chart pattern. A “base” is crucial to an uptrend, as the stock or ETF builds a strong foundation to launch the next advance.