Breakout and Gap Stocks

BRCM strong move yesterday, confirmed breakout with high volume

VOLUME 11.52mil shares, +111% compared to typical daily volume over the past 6 months.
High Volume alert!
Typical daily volume is 5.45mil shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 46.1, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 48.75, 5% Stop: 45.39, Loss: 2.2%, Profit/Loss ratio: 2.3 : 1 - Good



source: BRCM at StockConsultant

 

SPR now a confirmed breakout

 

GT now a confirmed breakout

 

Anyone in here trade in Aussie stocks at all? I have a few breakout ideas if any one is interested?

 

RHT nice confirmed breakout above almost 2 months of price consolidation

BREAKOUT CONFIRMED breakout above 77.4, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 82.19, 5.4% Stop: 76.29, Loss: 2.2%, Profit/Loss ratio: 2.4 : 1 - Good



source: RHT at StockConsultant

 

AMBA nice intraday move confirmed breakout

BREAKOUT CONFIRMED breakout above 77, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 85.3, 9.8% Stop: 74.48, Loss: 4.1%, Profit/Loss ratio: 2.4 : 1 - Good



source: AMBA at StockConsultant

 

BLOX on the move intraday, confimed breakout

BREAKOUT CONFIRMED breakout above 25.13, no resistance in area just above.
Type: True breakout from triple+ resistance.
Target: 27.3, 8.6% Stop: 24.45, Loss: 2.7%, Profit/Loss ratio: 3.2 : 1 - Excellent



source: BLOX at StockConsultant

 

ESPR running intraday, breakout watch

VOLUME 297.7k shares, +155% compared to typical volume of 116.9k by 10:45 am ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 486.9k shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 116.65, no resistance in area just above.
Type: True breakout from double resistance.
Target: 143.7, 23.8% Stop: 106.71, Loss: 8%, Profit/Loss ratio: 3 : 1 - Good



source: ESPR at StockConsultant

 

ALR flat top breakout watch, volume starting to increase

BREAKOUT WATCH for possible breakout above 51.41, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 54.23, 5.7% Stop: 50.5, Loss: 1.6%, Profit/Loss ratio: 3.6 : 1 - Excellent



source: ALR at StockConsultant

 

For those with access to the Australian market, EDE looking to breakout with volume.

Highly speculative but breakout with volume confirmed on Friday. First up target $0.028 followed by $0.035.

High risk yields high reward