Another Breakout Stock

February 20th, 2014
in contributors

Look At This Stock - HILL

by Jeff Pierce, Zentrader

Dot Hill Systems (HILL) is a perfect example of a stock bouncing on it's daily chart (not shown) where it should and displaying dominate strength to breakout on weekly chart . It has a new weekly closing multi-year highs. I'm more of a pullback buy trader so I won't chase here, especially since the general markets remain in a tenuous area - despite all the euphoria of traders, so I'll choose to watch this stock for now. However should this have a contained, orderly pullback this will be one to watch.

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