Breakout Candidates For January 8

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By Breakout Trader | Published 01/7/2016 | Stocks | Unrated

Breakout Candidates For January 8

Entry on a break of the previous trading day's high. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector strength. Day trade setup is only good for the upcoming trading session.

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Entry on a break of the previous trading day's low. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector weakness. Day trade setup is only good for the upcoming trading session.

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Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.