Ed Seykota, one of the market wizards behind computerized systems trading, turned $5,000 into $15 million in 12 years. He is a strong believer in trend following and uses a breakout trading system to enter trades when momentum is in his favour. Whether you do day trading or swing trading, using a solid breakout trading system can significantly improve the risk reward ratio of your trades and increase your trading profits in the long run. In this article, I’m going to introduce a tool that I built to help you identify top breakout stocks with explosive momentum. What is a breakout in stocks? A breakout in stocks occurs when the price of a stock breaks above its resistance level or breaks below its support level. After a breakout happens, prices tend to continue moving undeterred with strong momentum. The example below shows Tesla breaking out from it’s 140 day high...