LNKD

[Mike]

Some leading stocks are showing followup action to recent breakouts such as CRM, AVGO, AKRX.
The chart below shows LNKD (I own). It is showing a possible volume trigger alert this morning, another buy signal. LNKD gave us a buy-able gap up buy opportunity on 2/6/15 which I entered. Gap ups can be entered and held as long as they don't close below the lows of the gap up day. LNKD gave us an intra-day shakeout on 2/18, action that should be considered as support. On that day I prepared for a possible exit but waited for end of day which closed positive.

[Pascal]

Indeed, the Breakout Calculator shows that a Breakout on Volume offers better returns than a standard breakout.





It is also interetsing to see that the stronger the breakout in price the better the returns.