Leverage O’Neil base patterns to initiate long positions. Utilizing the results of a new comprehensive study of O’Neil base breakouts from 1963 to 2017, learn what percentage of breakouts outperform in the short term and what percent continue on to double, triple, or increase even more in price. Portfolio Manager Mike Webster will talk about some simple rules to help you recognize this behavior and dramatically improve your odds of buying successful breakouts from Cups, Cups with Handles, Double Bottoms, Flat, Ascending, and IPO Bases. The reality is most breakouts will not go on to be huge winners, so learn what warning signs to look for shortly after a stock passes its pivot point. He will also share the results of a 50-year backtest to show you the true power of quickly cutting your losses and letting your winners run.
