Watch For Breakout To Upside: AKS, CROX, OVTI

November 6th, 2011 | Filed under: Stock Recommendations, , ,

To get the most bang for your buck right now, the best way to trade is to focus on the short-term. Right now the market is volatile with peaks and valleys being created every other day.

At some point a stock creates a bottom, and, if not a bottom, at least a base before moving to the next trading level (higher or lower). The following stock charts all have the following in common – they were hit hard with a deduction in stock price and have created some sort of base for a possible breakout.

AK Steal (AKS)

Crocs (CROX)

OmniVision Technologies (OVTI)