This is how to wait for a confirmed breakout
This is how to wait for a confirmed breakout.
When I went through the stocks during the weekend, I noticed $CD.O - it was almost ready. But not yet for buying. The stock broke one daily Memory resistance. But another one was just ahead. It had Squeeze release and many momentum signals too as shown below.
I decided to wait for the next Memory resistance to be broken. That happened today, just now and I could see that happening in real-time in CUE Finder. It broke out of the last daily Memory.
The real-time chart is here.
That clears the way to buy the stock as a Breakout logn - managing risk while doing so.
Its industry is accelerating.
High growth stock with fund accumulation and short squeeze.
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