Six breakout stocks to watch

Posted by Forexsq 458 days ago (http://www.marketwatch.com)
img Here are some breakout stocks to watch as the market keeps moving higher.

Boyd Gaming Corp. BYD +4.64% had a big breakout day on Wednesday, up 1.65 to 12.37, or 15%, on 12.4 million shares. It not only blew through resistance at the short-term highs, but through long-term resistance as well going back to 2011.

It's now at the highest level since the beginning of 2011 at about 12.63. The next target is in the 12.50-.60 zone, and the secondary target is at 14.50, just under the 2010 spike high at 14.85. It could see a little pullback toward its rising channel top, which it broke through on Wednesday, before its next move.

See Harry’s video chart analysis of these stocks on the last page.

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