We’ve said it many times: breakout traders love two things.
They love it when stocks break to new highs.
And they love it when those stocks are also in the top 40 hottest groups in the world.
With Toast (TOST), we have that precious combination. This company provides tech solutions to the restaurant sector, and it’s been popping lately.
Here’s the chart:
It’s been soaring for several months, and after a brief pullback, it’s surging again.
A move above $42.68 could lead to tasty run.
We’ll keep an eye on it.
Happy trading,
Scott
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