One can make a lot of money from the breakout stocks and key is just to keep an eye on these stocks for which one can apply filters in the screen and can even place stop loss orders which will get executed once the stock breaks the channel barrier. Once a stock breaks the channel, than one is likely to get a quick return from the stock market and this return is non comparable. Thus filter your stocks on your set perimetres and wait like a tiger and let the stock breakout. It makes sense to let the stock give a breakout for a day or tow to avoid being caught in a false breakout.
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