The Traderszone Network

Published in TZ Latest News 2 May, 2014 by The TZ Newswire Staff

Late-Stage Breakouts Mark Stock Spotlight

Two Stock Spotlight stocks are breaking out of bases and a third appears to be shaping a base. But all three are late-stage structures that carry extra risk, especially when the market is in a correction, as it now is. Trinity Industries (TRN) poked above a 76.05 buy point from a five-week flat base that corrected 12%. It rose 1.99 Friday to close at 76.28. The breakout was less than clean.

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