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 who can ultimately push it significantly higher.An example of a recent successful breakout trade is biotechnology and drugs player Aegerion Pharmaceuticals (AEGR), which I featured in Nov. 29's " 5 Stocks About to Burst." I mentioned in that piece that shares of AEGR were trending sideways between $18.33 on the downside and $23 a share on the upside. At that time, the stock was just starting to bounce of $22 a share with decent upside volume. That move was quickly pushing AEGR within range of triggering a major breakout trade above the upper-end of its recent range at $23 a share.
5 Stocks Setting Up to Break Out
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