AGX: Cup & Handle Breakout – Massive Relative StrengthArgan, Inc.BATS:AGXvssebuyungoArgan (AGX) is displaying textbook relative strength. One of the best times to find true market leaders is during a broader market pullback; while the general market has been acting poorly, AGX has fiercely resisted the selling pressure. This highlights incredible underlying sector strength. Technically, the stock has carved out a classic Cup and Handle pattern and is now triggering its breakout. Crucially, this move is a Breakout on Volume, confirming that institutional buyers are stepping in and accumulating shares despite the bad market conditions. Reasoning: Strong Industry/Sector (Power Infrastructure) Relative Strength (Resisting the drag of a bad market) Cup and Handle Pattern (Classic bullish continuation) Breakout on Volume (Institutional footprint confirming the move) If Labelled a Swing trade(2-6 Week Holds) Entry: Full position on breakout (See Chart) Profit Taking: Sell 1/3 at Goal 1 Final Exit: Remainder at Goal 2 If labelled a long term trade (3-12 Month Holds) Entry: Full position on the volume breakout. Profit Taking: Sell 1/4 to 1/5 at Goal 1. Exit Signal: Close below 20-day EMA (your trend guide) or 50EMA. Why: Stocks that break out on volume during a bad market often become the biggest leaders when the market recovers. Note: Remember: Every long-term investment alert can also be played as a swing trade. I normally use half the risk that I show here, this is because I am okay re-entering if it fails and it gives a better R/R ratio