Stock breakouts on August 5, 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
0
Became monsters
+156%
Median prior leg-up
Technology
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.
- LPSNrounded base with pullbackTechnologyleg-up 239%1.8R
- AMAGtight consolidation breakoutHealth Careleg-up 141%0.2R
- TRUPpowerful prior-move flagFinancialsleg-up 140%0.0R
- SQtight consolidation breakoutFinancialsleg-up 326%-2.9R
- SONOsideways baseTechnologyleg-up 171%-3.0R
- HUYApowerful prior-move flagCommunication Servicesleg-up 124%-5.4R