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Tuesday, April 19, 2011

ZLBT Random Stock Picks >>> 20 Upper Bollinger Breakout Stocks

Please click on image to ENLARGE
*Note : To qualify in the breakout list above, the first sorting criteria is stock price must close ABOVE the upper Bollinger Band, followed by a second criteria that trading volume for the day must be significantly higher than the 20day average volume, which signal a bullish breakout.

Caveat :
We would caution momentum traders that a highly overbought 14day RSI reading (> 80) and share price pullback BELOW the upper Bollinger Band are early warning signals to exit buy breakout trades.

DISCLAIMER
The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

HAPPY TRADING & GOODLUCK2ALL

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