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Breakout Candidates For May 6
By Breakout Trader | Published  05/5/2014 | Stocks | Unrated
Breakout Candidates For May 6

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.

BP BP P.L.C. ADS
HRL Hormel Foods
IVR Invesco Mtge Capital Inc
RAI Reynolds American Inc
STO StatoilHydro ASA
SU Suncor Energy (New)
TE Teco Energy
WPX WPX Energy Inc
XEL Xcel Energy

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.

BAC Bank of America Corporation
G GENPACT LIMITED
GM General Motors Company
HRB Block (H&R)
NYCB New York Community Bancorp
WSH Willis Group Holdings PLC

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.