Stock Pick: RINO Breaks Out on High Volume


This stock has had a great looking breakout from a solid base on ultra-high volume. All the recipes for success.

The overall trend is up and IBD gives the stock a rating of 99 which is as high as it gets.

My main concern now is the trend of the major indexes. We did have a mostly bullish day today, but the up-trend is under pressure and going long in a down market is a terrible idea in general.

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Alex

You HAVE to have a trading system to be profitable over time. Digging deeper into VSA.