Wednesday, June 1, 2011

Breakouts and volume

It has been customary that a breakout needs a strong close accompanied by good volume.

But how about this:








So is it really worth it to wait for breakouts with "very good" volume?
Would be buying on breakout on "mediocre" volume better?

GERI appears to be an exception to the group as the fundamental reason why it was rising was pretty obvious to the public.

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