Breakout Stocks to Watch This Week – Strong Technical Setups on TradingView

🚀 Top 3 Breakout Stocks to Watch This Week – Strong Technical Setups on TradingView Are you looking for high-probability breakout trades backed by strong technical analysis? We've handpicked three momentum-packed stocks showing 52-week highs, strong volume breakouts, and bullish continuation patterns.Whether you're a swing trader or a positional investor, these charts offer powerful setups to keep on your radar. 📈 1. GLAXO – 52-Week Breakout with Strong Momentum 🔗 View Chart on TradingView Highlights: Clean 52-week breakout confirmed with bullish price action. Strong volume surge adds confirmation to the move. RSI remains in a healthy uptrend zone, supporting momentum. No signs of exhaustion—price showing potential for bullish continuation. Why It Matters:
GLAXO has broken out of a long consolidation zone. If momentum sustains above the breakout level, we may see a significant upside in the coming sessions. 🔍 2. LIC Housing Finance (LICI) – Price Action + Volume Breakout Combo 🔗 View Chart on TradingView Highlights: Powerful volume breakout following a clean range breakout. Multiple rejections in the past—this breakout signals trend shift. Strong bullish candle with no upper wick suggests strong buyer interest. RSI rising, confirming fresh momentum entry. Why It Matters:
LICI is showing a classic breakout pattern where volume meets price action—a reliable combo for swing traders looking for medium-term gains. ⚡ 3. Schneider Electric (SCHNEIDER) – 52-Week High with Volume Confirmation 🔗 View Chart on TradingView Highlights: Strong 52-week high breakout, backed by volume spike. Price moving cleanly above key resistance—trend looks intact. Higher highs and higher lows continue, confirming bullish structure. Momentum indicators align with breakout strength. Why It Matters:
This stock could be entering a fresh leg of an uptrend, and early positioning might reward traders who follow technical confirmation. 🧠 Educational Takeaway All three charts are great examples of: Breakout Trading Strategies Using Volume as Confirmation Spotting Trend Continuation vs. Fakeouts If you’re a beginner, studying these charts will help you understand how professional traders combine price action + volume + indicators for informed entries. 📌 Final Thoughts These TradingView charts aren't just random picks. They represent technically sound breakout setups with strong momentum. Always do your own research and manage risk—these charts are for educational purposes. ➡️ Follow us on TradingView to get real-time technical chart updates! Let us know in the comments which setup you’re watching this week. 📊 Wed May 28, 2025