Trendline Breakouts of the Day | December 30

Inside this analysis you can find the companies that showed the Trendline Breakouts Chart Patterns appeared today:

  • Positive TrendLine BREAKOUT
  • Negative TrendLine BREAKOUT

None of the patterns below guarantee success because there may be false breakouts. The purpose of this analysis is purely informative.


POSITIVE TrendLine BREAKOUT

The breakout of a trend-line is an event occurs when the stock price of a company surpasses an area that in the past had struggled to overcome. Exceeding this zone may constitute a situation in which the stock price interrupts the direction of the previous trend and prepares to reverse it. Positive breakout occurs when the stock comes from a negative trend and tries to reverse it by starting a positive trend.

US Foods Holding Corp (USFD)

US Foods Holding Corp., through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

SJW Group (SJW)

SJW Group, through its subsidiaries, provides water utility services in the United States. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. 


NEGATIVE TrendLine BREAKOUT

Negative breakout occurs when the stock comes from a positive trend and tries to reverse the direction by starting a negative trend.

Two Harbors Invest. Corp (TWO)

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. 

Hawaiian Holdings Corp (HA)

Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo.


Want to know what other types of analysis are available on BullDude.com?

Click here to find out !!!


This analysis shows the Trendline Breakouts of the Day. If you are interested in other Breakout Chart Patterns of the day (Resistance, Support and Moving Averages) I’ll wait here.

If you are interested in a overall analysis of companies taking into account different types of data (including business growth, analysts expectations and transactions by Hedge Funds / Insiders), summarizing all information in a score, I’ m waiting for you here for my Score-Card analysis.



Do you want to stay updated on all the analysis published?

BullDude | Facebook group

BullDude | Telegram channel



Source:

*Charts by tradingview.com

*Company information from finance.yahoo.com


DISCLAIMER: The information in this blog post represents my own analysis/opinions and does not contain a recommendation for any particular security or investment. Stocks trading involves substantial risk of loss and is not suitable for every investor. Trade responsibly.