I was just browsing through my stock charts this evening on the TC2000 platform and came across LGL Group (LGL), which broke out of a three week base today on nice volume. This is a classic example of a Darvas stock, as it is up over 500% so far this year, and has formed two nice boxes for its last two breakouts. This last breakout is what will get the attention of many momentum traders now, since it occurred above $12. It broke out from a yearlong base in late March, and has barely stopped since.
Keep in mind, this type of stock carries a lot of risk, so you must know how to manage your trades. It is quite volatile and could easily reverse in a hurry. At this point though, it looks like the sky is the limit.
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