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30-05-2008, 04:31 PM

cheongtk

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Join Date: May 2008

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Trend breakout..

Trendline breakout results in large moves on the upside.
Below is an attachment on Bread Talk which shows how the stock rallied then there was a trendline breakout..

Whenever , there is a trendline breakout , people can buy the stock with a stop loss placed a bit lower on the upper end of the trend.

Hope this is helpful..

Attached Thumbnails

trend-breakout-2008may-breadtalk-640x380.png-trendline-breakout.png

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