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Wednesday, June 06, 2007

Breakout Stocks: GOOG, ILMN. RVBD, FSLR


GOOG and ILMN broke out yesterday on higher than average volume. I still like to keep these stocks on my radar to watch for pullback to enter. Of course GOOG is too expensive for my liking. But for those who have a bigger appetite, you can monitor it closely.


RVBD and FSLR are close to breaking out. Assuming all things equal and just looking at the charts, I'll prefer to go with FSLR. Why? Because the trend line for RVBD is too steep and is usually not sustainable.

posted by Simply Options Trader at 5:20 PM PERMALINK


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