AFAM Regular Chart

We see a standard candlestick chart covering the daily period since November of Almost Family. You can see in May it had a large breakout, not filled, that broke it above its prior trading range. After the gap up the stock continued to show strong momentum, showing gains of over 20% before the month was out. This is the type of strong action that leading stocks often show as they continue to produce large gains. Many traders will make the mistake of chasing momentum late in a move, but getting in early generally produces a pretty good risk to reward situation for a trader or investor.

The chart also shows us that AFAM broke out again on Friday, though on low volume. This is a stock that I will be adding to my own portfolio, small at first, and looking to add to at a later point should it continue to show positive traits.