The purpose of the article is to show readers some companies that could potentially breakout a resistance shortly. Unlike the other articles that is published here on BullDude.com which refers to companies that have already breakout a resistance, this article shows some companies that have a chart configuration that increases the probability to breakout the next resistance and continue the positive trend. By anticipating entry, the potential gain may be greater, but the potential risk is higher.
Inside the charts below there is a black half-line (with relative price) which represents the first resistance where the breakout can occur and continue growing.
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What is a Resistance?
Real example of Potential Breakout
How do I know if it’s a false potential breakout?
Lam Research Corp (LRCX)
The information in this article is for informational purposes only and does not constitute investment advice. For the full disclaimer click here.