SOHU Ready To Breakout With Vengence
Sohu.(SOHU) has emerged as one of the best breakout candidates for swing-trading right now. I took a long position a few days ago in the stock, and today we are finally seeing some 'pop' out of the stock itself.
As I say all the time that ascending triangle breakouts that consolidates right into the rising trend-line provides some of the best risk-reward opportunities out there for traders.
Here's the SOHU trade setup: