Quote of the Day

Here’s our SAM Stock Table as of Today May 19, 2016

Here are the list of PSE companies which price breaks above resistance with high volume (May 30, 2016)

What is a 'Breakout'

A price movement through an identified level of support or resistance, which is usually followed by heavy volume and increased volatility. Traders will buy the underlying asset when the price breaks above a level of resistance and sell when it breaks below support.

This chart shows a stock that has historically encountered a lot of resistance near $37, but notice how it heads sharply higher following the breakout.

A breakout is the bullish counterpart to a breakdown.

Here are the list of PSE companies which price breaks above resistance with high volume (May 30, 2016):

Quote of the Day

Quote of the Day

Quote of the Day

Quote of the Day

Here’s our SAM and Mutual Fund Tables (as of May 17, 2016 closing)

You can download the PDF file below: 

 STOCKS UPDATE v7.10