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BROOKS AUTOMATION INC (BRKS) 7.48 red arrow -$0.05 (-0.66%) 08:07PM (15 mins delay)


24 Breakout Stocks on Big Volume

Aug 09, 2009 - 4:56 AM EDT

Marco Hickey submits:

In this post is a list of 24 stocks, which have broken out to the upside on big volume. The stocks listed in this post have experienced very unusual volume. I believe stocks which have broken out like this are at least worth adding to the watch list. However I must say the technicals on these stocks are not as bullish as they've been in the previous weeks, which may be a hint that a short term correction is near. If the market continues to rally however, these stocks should continue demonstrate strength in my opinion.

As stated at the bottom of this post, I've picked two stocks from the list which I may be speculating with in the weeks to come. A month ago I chose to speculate with STEC Inc. (STEC) using call options. The results from the trade can be read here. A couple weeks ago, I chose to speculate with a stock LaserCard (LCRD). The results from that trade can be read here.


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Source: Seeking Alpha (Aug 09, 2009 - 4:56 AM EDT)



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