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 biotechnology and drugs stock Isis Pharmaceuticals (ISIS), which I featured in Dec. 14's " 5 Breakout Stocks to See" at $9.83 a share. I mentioned in that piece that shares of ISIS were uptrending strong and moving within range of both its 50-day and 200-day moving averages. I told readers to watch for a major breakout to trigger if ISIS took out both of those key moving averages with high volume.
5 Stocks Ready to Break Out
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