Abnormal activity out of predictive chart patterns often leads to market beating trends. This week, I ran the Abnormal Breaks Market Scan for the US and Canadian markets and found a couple stocks that have good potential to move higher in the weeks and months ahead.

STOCKS THAT MEET THAT FEATURED STRATEGY

1. NES
NES has been building an ascending triangle pattern for the past three months and broke out from that today with strong volume. Support at $3.60.

2. TAXI
TAXI has been stuck under $10.80 for five months but broke through that resistance level with strong volume today. This move also breaks the long term downward trend line on the 3 year weekly chart. Support at $10.45.

….read Tyler’s Weekly Commentary HERE