Higher! HHGP, USAP, EMKR, & GRC

The markets continue to push higher and there were loads of breakouts on Friday. While some of the stocks were too high a share price for my tastes (CMG, PNRA, WYNN, & MTD if your curious), there was a group that looked pretty good. Also, I am cutting my losses in CIMT and SLP. Neither chart looks to have totally deteriorated, but I want to limit my risk.

HHGPc1dl1051

Here is a follow-through breakout from ultra high volume a couple of days ago.

USAPc1dl1051

Seeing a lot of strength in the last couple of days here as USAP sees big volume and bullish price movement.

EMKRc1dl1051

On a weekly chart, this guy has been going sideways for the better part of two years. Not the case now.

GRCc1dl1051

Strong previous two days as we finally get a breakout on Friday.

Tagged: , , , , ,

About the Author

Alex Stewart

I am an MBA student with a degree in personal wealth management. If you have any questions at all, go to the contact page and send me a note.

Discussion

Comments are closed.