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 is gold and silver player Northern Dynasty Minerals (NAK). In Aug. 2's " 5 Stocks Under $10 Ready to Soar Higher, I highlighted how NAK was potentially forming a bottoming chart pattern near $2.20 a share and was quickly setting up to trigger a major breakout trade above $2.50 to $2.94 a share. At the time of that article, NAK was trading at around $2.50 a share.
5 Stocks Poised for Breakouts
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