5 Stocks Poised for Breakouts
One stock that's closing in on a big breakout trade is Carmike Cinemas (CKEC - Get Report), a digital cinema and 3D motion picture exhibitor in the U.S. serving small to mid-size non-urban markets. This stock is off to a hot start in 2012 with shares up over 115%.
If you take a look at the chart for Carmike Cinemas, you'll notice that this stock has been uptrending strong since early June, with shares making higher lows and higher highs. During that timeframe, this stock has trended up from a low of $12.59 to a recent high of $15.57 a share. That move has quickly pushed CKEC within range of triggering a major near-term breakout trade.
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