Breakout and Gap Stocks

GM and BBY holding near the breakout areas despite market.

 

FOLD breakout watch

VOLUME 1.61mil shares, +12.9% compared to typical daily volume over the past 6 months.
Typical daily volume is 1.43mil shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 9.14, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 10.35, 17.1% Stop: 8.46, Loss: 4.3%, Profit/Loss ratio: 4 : 1 - Excellent



source: FOLD at StockConsultant

 

VIPS coiled breakout watch, good volume

VOLUME 10.36mil shares, +37.1% compared to typical daily volume over the past 6 months.
Typical daily volume is 7.56mil shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 26.17, no resistance in area just above.
Type: True breakout from double resistance.
Target: 29.02, 11.1% Stop: 25.01, Loss: 4.3%, Profit/Loss ratio: 2.6 : 1 - Good



source: VIPS at StockConsultant

 

BBY and VIPS excellent follow through on the breakouts

 

JBLU strong past 2 days, breakout watch

BREAKOUT WATCH for possible breakout above 18.34, no resistance in area just above.
Type: True breakout from double resistance.
Target: 19.86, 9.6% Stop: 17.51, Loss: 3.4%, Profit/Loss ratio: 2.8 : 1 - Good



source: JBLU at StockConsultant

 

Home Depot?

 

SNDK ascending triangle bottom breakout

BREAKOUT CONFIRMED breakout above 83.81, no resistance in area just above.
Type: True breakout from double resistance.
Target: 89.1, 6.3% Stop: 81.93, Loss: 2.3%, Profit/Loss ratio: 2.7 : 1 - Good



source: SNDK at StockConsultant

 

Home depot HD a little consolidation area, it has had quite the run

 

JBLU good breakout follow through today, BBY continues

 

slim pickings today, but UA breakout with good volume

VOLUME 639.4k shares, +77% compared to typical volume of 361.3k by 10:25 am ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 2.26mil shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 77.9, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 82.72, 5.4% Stop: 76.66, Loss: 2.4%, Profit/Loss ratio: 2.2 : 1 - Good



source: UA at StockConsultant