5 Breakout Trades to Buy This Week

BALTIMORE ( Stockpickr) -- U.S. stocks bounced hard yesterday, the S&P 500 making its way a full percentage point higher by the time the closing bell rang. That's adding quite a bit of support for the market picture I shared on Thursday.

Yes indeed, stocks are bouncing in September, and that's creating tradable opportunities for investors right now.

That's why we're taking a technical look at five stock trades to take this week...

For the unfamiliar, technical analysis is a way for investors to quantify qualitative factors, such as investor psychology, based on a stock's price action and trends. Once the domain of cloistered trading teams on Wall Street, technicals can help top traders make consistently profitable trades and can aid fundamental investors in better planning their stock execution.

So, without further ado, let's take a look at five technical setups worth trading now.

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