for non-long term holdings, I typically do not

play breakout. I usually sell when breakout-line is close and buy it back after the first retracement of successful breakout.

check oil crack spread here.
http://www.bloomberg.com/apps/cbuilder?ticker1=CRK321M1%3AIND

the spread goes down sharply recently which indicates the upside momentum for refinary might be very limited or even short-lived. the profit of refinary companines are directly related to crack spread. this is why I sold SUN at 26, not taking any risk.