My preferred strategy with stocks is to watch for breakouts from technical patterns before taking any trades. I will often start the trade by selling Puts and then, if assigned, I sell Calls and keep the cycle going as price ratchets higher. In this post I offer examples of breakout trades that have been effective and then offer some charts that I think are worth stalking for new potential breakout opportunity.
Technical Pattern breakouts that have delivered gain:
BRK monthly: this breakout has given almost 50% gain:
BRK before:
BRK after:
QQQ monthly: this has taken 12 months since I alerted the breakout but has given 30% gain:
QQQ before:
QQQ after:
NTAP weekly: there was a 50% gain from this breakout:
NTAP before:
NTAP after:
CONN weekly: there has been a roughly 50% gain since this breakout triggered:
CONN before:
CONN after:
HRL weekly: this breakout triggered last month and has already delivered a 17% gain:
HRL before:
HRL after:
WGO weekly: You need a lot of patience though as I started stalking this pair back in late 2014. However, the breakout eventually did trigger and has given a huge 120% gain:
WGO before:
WGO after:
New Technical patterns to monitor:
FCX weekly:
ANF weekly:
APOL weekly:
ALSK monthly:
AKS weekly:
AMD weekly:
BBBY monthly:
CPB weekly: note the bounce off the 61.8% fib:
DB weekly:
GE weekly: I’m watching to see if the 61.8% fib helps here:
M weekly:
PTNR weekly:
TWTR weekly:
