[pcabc]

hello guys, I'm new here. I wanted to share a couple breakouts I like, along w/ good earnings. I know that fundamentals don't matter w/ weinstein but it never hurts.

MTZ
https://www.tradingview.com/x/LERMC5Bv/

MEDP
https://www.tradingview.com/x/DwQjXiol/

Nice breakouts, but not a good time with the wider markets being the way they are.

With the various gaps up and down in MEDP I'd wonder if that were a bit risky?

MEDP does have a distribution looking chop on its way to the 30MA, w increasing volume on the drops. I remember one of stans sayings in his books where he says "a stage 3 can have a powerful rally after a breakout." So I just took a small position w/ really tight stops. A gamble I guess.

I hope it works out.  However, over the last few days there have been some brutal moves down, e.g. see today's P&F breakdowns, which you are fighting against.  Point to note, careful about what I say, as my performance has been less then stellar.  However, it can be hard work during an uptrend and at present there has been a lot of selling for a few days.

Looking at the particular chart the gaps up at 1 year ago and now are nice, but what of the gap down in March?  Just a personal preference but I'm wary of gaps.