Rounded Bottoms

 

 

Been a ton of big breakout stocks last few weeks.  Most of them have not been the breakout stocks coming into 52 week highs but quite the opposite.  Some of the most powerful moves have come off flat base breakouts or what we like to call here on Bulls t’ve he Bottom Booty Breakout.  Stocks like $hill $neng $redf  $aone  all brokeout of  large  rounded bottom pattern things (not sure if its a real technical setup but i use it)

 

 

Here are a few im watching for the next move. Lot of them are high in short interest so they can be explosive.

 

We’ve seen some good strenght from market leaders so far. Lot of traders werent even around for most of this run.  They will try to chase performance as 99.9% of traders suck….my guess they go after the bottoms.