Breakout Penny Stocks – How To Spot Them

Breakout penny stocks are the stuff of dreams for most day traders; when they occur, a simple trade can balloon into something spectacular. Often breakout penny stocks can deliver gains north of 800% on a solid day. But how do you spot them? How does a day trader get into breakout penny stocks before they become monsters? It’s not as difficult as many believe and in this brief article we’ll show you how. After this you should be able to move comfortably into a penny stocks before it becomes a breakout penny stock – and perhaps, do what most dream of, secure a massive payday. Breakout Penny Stocks – What Is a Breakout Anyway? A breakout occurs when a stock’s price moves (rather violently) outside a defined resistance or support

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