The Traderszone Network

Published in TZ Latest News 27 March, 2017 by The TZ Newswire Staff

Despite Market Pressure, This Stock Spotlight Name Breaks Out

A breakout during an uptrend under pressure is the sign of a stock trying to move higher as it is being held back by macro forces.

Imagine a basketball being held under water. When the ball is let go, it shoots to the surface and rockets higher. In this scenario, the ball is Coherent (COHR), and the market is trying to hold it down.

read more