Stock breakouts on January 8, 2024

5 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.
5
Setups
1
Became monsters
+150%
Median prior leg-up
Health Care
Lead sector

The watchlist (5)

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.

  • MGNXsideways base4.3Rchart →
  • ARDXpowerful prior-move flag0.1R
  • HRTXtight consolidation breakout0.0R
  • TREEpowerful prior-move flag-1.1R
  • ALHCpowerful prior-move flag-1.3R
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Stock Breakouts on January 8, 2024 | breakouts.trade