Bullish Weekly Breakouts Post Election
It was a good week for stock market bulls as we soared higher out of the gates on Monday and continued to add to those gains throughout the week and through the US election.
The $SPY finished +3.77%, $IWM +10.04% and $QQQ +1.89%.
Thanks to this recent strength, there are quite a number of individual names that have emerged higher out of actionable consolidation patterns.
Below are some of my favorites shown on a weekly time-frame.
$CENX is a name members and I purchased this week and are currently long, all others ($PFPT $INTU $ILG $FCX) I have no positions.
Any questions, feel free to leave a comment below.
Oh, and I’m hosting a free webinar next Thursday. Swing trading for the active trader. You can Register here.
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