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SOHU Ready To Breakout With Vengence

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July 25, 2013 – Comments (0) | RELATED TICKERS: SOHU

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:

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