Inside this article you will find the companies that a few minutes ago opened the current trading session showing a breakout chart pattern of a resistance or a trendline. The other breakout articles published every day here on BullDude.com refer to the breakout chart pattern that occurs at the close of the trading session. Instead, this article shows this pattern if it already happens at the opening of the trading session.
The advantage of this second type is that it is possible to intercept a breakout as soon as it occurs having potentially a greater stock price increase margin, but the risk is that it is a false signal and that at the end of the trading session the breakout does not actually occur because the stock price fell compared to the breakout at the opening.
What is a breakout of a resistance and a trendline?
How do I know if it’s a false breakout?
Today’s Breakout Into Opening
Estee Lauder Co Inc (EL)
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