Here are four stocks with recent breakouts that could accelerate their prices higher.
Ebix Inc. EBIX, -0.86% has been stair-stepping higher in a series of consolidations and breakouts all year. On Tuesday, the stock broke out of a wedge to new all-time highs, up 2.43, or 4.4%, to 58.21 on 209,559 shares traded. Watch for a move to mid channel in the mid 60.00s. The stock has short interest that is 29 times its average volume, and so short-covering could fuel the advance.
Check out Harry’s video analysis of this stock on the last page.