Bullish Stock: Portfolio Recovery Associates Inc. (PRAA)

Hi traders, today I found a stock that has its breakout. Portfolio Recovery Associates Inc (PRAA) has broke its major resistance at around $50. You can also see that MACD indicates the stock will go higher. There is only one problem, that although the stock has tripled on its volume, but it still has a low volume (around 300.000) so I think the stock has less liquidity.

Goodluck my friend :)

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Posted in: Bullish Stock According To Technical Analysis

Breakout Stock: Ralcorp Holdings Inc. (RAH)

Hi fellow trader, I see that Ralcorp broke out its major resistance today. This is a good sign that the stock can continue its move to go higher. The yesterday's big buy volume also indicated that the stock has fueled and ready to soar.

Have a nice day! :)

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Posted in: Bullish Stock According To Technical Analysis

Breakout Stock: Coherent Inc. (COHR)

Hi everybody, I think this company's chart pattern was good. Coherent Inc broke out its resistance at around $30.07 and we can see that there was a huge buy volume 2 days ago. The MACD also indicates a buy signal, so probably the stock will continue it's move to $32.50 or higher.

Have a nice day :)

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Posted in: Bullish Stock According To Technical Analysis