Market has broken to the upside, further confirmed by a Higher-High:
It's worthwhile looking for possible trading candidates, although I don't always buy breakouts. I am happy to look for breakout setups to do further research on those stocks. My hypothesis is that if a stock is breaking out higher especially in an overall bullish environment, then there might be something driving that price movement such as news or sentiment around the stock or improving fundamentals which could be further investigated further...
I will post some of those breakouts that I come across them. They may pique my initial interest in looking deeper into reasons for share price appreciation and could form potential future trading candidates in the trading portfolio thread "Speculative Stock Portfolio".
Few breakouts that I saw include medical/biotech stock AVITA Medical Inc (AVH):
Volpara Health Technologies Ltd (VHT) gapping up higher:
DroneShield Ltd (DRO):
