MSFT, PENN, TSM Lead Breakout Candidates For May 2

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By Breakout Trader | Published 05/1/2013 | Stocks | Unrated

MSFT, PENN, TSM Lead Breakout Candidates For May 2

Entry on a break of the previous trading day's high. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector strength. Day trade setup is only good for the upcoming trading session.

BX The Blackstone Grp L P
EDU Oriental Educ & Tech Group
ENDP Endo Health Sloutions Inc
HDB Hdfc Bank ADS
MOH Molina Healthcare
MSFT Microsoft Corp
PCAR PACCAR Inc
PENN Penn National Gaming
POT Potash Corp Saskatchewan
RCL Royal Caribbean Cruises
TSM Taiwan Semiconductor Mfg ADS

Entry on a break of the previous trading day's low. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector weakness. Day trade setup is only good for the upcoming trading session.

ALTR Altera Corp.
HOLX Hologic Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.