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CAMP - Goldman Closes Above 210; Breakout Confirmed - Square And Others In Breakout Bonanza
CalAmp Corp.
These breakouts are catch-up trades, too
Traders are scouring the landscape looking for names that are primed for acceleration to the upside. There are two types of breakouts; one is breaking out to all-time highs, which can be very explosive, and then there are catch-up trades. These are names that have been languishing under a previous high for a time. While there are overhead stranded buyers, enough time has gone by to shake out enough sellers that the names below have a lot of room to run.