WINDERMERE, Fla. ( Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high or takes out a prior overhead resistance point, then it's free to find new buyers and momentum players that can ultimately push the stock significantly higher.One recent example of a successful breakout trade was metal mining player Taseko Mines (TGB). I flagged Taseko in my breakout stocks article on Aug. 24, when it was forming a bottoming chart pattern and starting to uptrend and move into range of breaking out above some near-term overhead resistance levels at $2.67 to $2.89 a share.
5 Stocks Poised for Breakouts
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