Viasat Inc (VSAT) is one boring stock but one that is very profitable if you trade the breakouts. VSAT previously has formed 2 rectangles or darvas box. The first one as shown below was a 2 months rectangle that was difficult to trade because the breakout day achieved the target and much more. The second breakout was a 3 months rectangle also that broke uP. Currently we are in a 3rd rectangle a breach of the barriers at 67 or 73.50 completes the pattern either way. I am betting on the downside. Keep it on your watch list and share with other traders 🙂
Westport Innovations (WPRT) has almost completed a 9-months H&S bottom. The right shoulder has formed a 4-month descending triangle which has broken out today on double the avg volume. A close above 32.89 completes the H&S bottom and targets $43.