Chicago, IL – June 21, 2019 – Stocks in this week’s article are Avon Products, Inc. AVP, Hallmark Financial Services, Inc. HALL, DHI Group, Inc. DHX, Anglo American plc NGLOY and Toray Industries, Inc. TRYIY.  Selecting breakout stocks is probably one of the most favored techniques among active investors. The idea behind this kind of stock selection is to determine stocks that are trading within a narrow channel. These stocks are to be bought as soon as they move above this band and sold when they fall below. In case a stock moves above this band, it usually gains momentum. The first step to selecting the right breakout stock is to calculate its support and resistance level. A support level is the lower bound for stock movements while a resistance level refers to the maximum price which it trades within over a considerable period. In other words, the demand for a stock is at its lowest at its support level, which means most traders are willing to sell it. At the resistance level, most traders are willing to go long on the stock, which means that they would like to add them to their portfolios. The key to identifying breakout stocks is to zero in on those that are on the ve...