Stock breakouts on August 4, 2020
6 setups broke out of their bases this day in a risk-on market.
Risk-on. The S&P was in an uptrend, the regime where momentum breakouts work best.
6
Setups
1
Became monsters
+197%
Median prior leg-up
Health Care
Lead sector
The watchlist (6)
Ranked by what the managed sell rules returned. Each ticker links to its full breakout history; turquoise names also have a full case-study breakdown.
- SEDGpowerful prior-move flagTechnologyleg-up 171%1.9R
- NFEpowerful prior-move flagEnergyleg-up 215%0.8R
- IRTCtight consolidation breakoutHealth Careleg-up 142%0.3R
- AGQpowerful prior-move flagMaterialsleg-up 316%0.2R
- PSNLpowerful prior-move flagHealth Careleg-up 333%-0.5R
- SCPLsideways baseCommunication Servicesleg-up 179%-1.1R