Breakout and Gap Stocks

JAKK looks to be continuing higher

VOLUME 1.25mil shares, +229% compared to typical volume of 379.7k by 4:00 pm ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 404k shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 7.5, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 8.33, 11.8% Stop: 7.23, Loss: 3%, Profit/Loss ratio: 3.9 : 1 - Excellent



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=JAKK"><u>JAKK at StockConsultant</u></a>

 

The Stocks are trading really high like Tesla Gap GM etc

 

Robert, I try to stay away from the stocks trading really high, just pull up a 2 year weekly chart as a final sanity check.

 

HIMX after 2 months finally got the confirmed breakout, last 2 breakouts had approx 50-60% runs so that would put the end of this run at 22-23?

VOLUME 19.29mil shares, +134% compared to typical daily volume over the past 6 months.
High Volume alert!
Typical daily volume is 8.23mil shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 14.96, no resistance in area just above.
Type: True breakout from triple+ resistance.
Target: 17.28, 11.5% Stop: 14.55, Loss: 6.1%, Profit/Loss ratio: 1.9 : 1 - Fair



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=HIMX"><u>HIMX at StockConsultant</u></a>

 

I agree widh ya its better to be informed than to regret

 

The Charts are very informative and help me to decide where i have to invest

 

RAD looking to continue here, volume picking back up

VOLUME 22.14mil shares, +84.8% compared to typical volume of 11.98mil by 12:55 pm ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 24.44mil shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 6.91, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 7.71, 13% Stop: 6.48, Loss: 5%, Profit/Loss ratio: 2.6 : 1 - Good



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=RAD"><u>RAD at StockConsultant</u></a>

 

PLUG looks nice and tradable on the 60 min chart. I might step in and pick up a few at around $6, if it even gets that low......

:eek:

*edit- looks like that spike fade setup was a trap

 

GME moving into the gap

BREAKOUT CONFIRMED breakout above 39.36, no resistance in area just above.
Type: True breakout from double resistance.
Target: 43.26, 9.5% Stop: 37.84, Loss: 4.2%, Profit/Loss ratio: 2.3 : 1 - Good



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GME"><u>GME at StockConsultant</u></a>

 

SODA price gap off this bottom

BREAKOUT CONFIRMED breakout above 41.82, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 45.5, 8% Stop: 40.57, Loss: 3.7%, Profit/Loss ratio: 2.2 : 1 - Good



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SODA"><u>SODA at StockConsultant</u></a>