Two Stocks Ready to Break Out Higher

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EnLink Midstream Partners, LP (ENLK) broke out today of a two week consolidation(bull flag) and begin new up wave with target projection toward the upper channel line in the 20 area.

Group 1 Automotive, Inc. (GPI), which has been in a sideways channel(rectangle pattern) since early December of 2016., broke today technical resistance in the 82 area and thus begin new momentum which has potential to reach 90 area within the next 10 day period.

Good trading! Sinisa Persic, CMT Member of the Market Technicians Association (MTA)

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