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.An example of a recent successful breakout trade is integrated equipment services player H&E Equipment (HEES), which I featured in Jan. 3's " 3 Stocks Spiking Higher on Unusual Volume." At that time, shares of HEES were trending higher and starting to move back above its 50-day moving average of $15.15 a share with above-average volume. That move was quickly pushing HEES within range of triggering major breakout trade above some near-term overhead resistance levels at $15.65 to $16.21 a share.
5 Stocks Poised for Breakouts
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