Breakout and Gap Stocks

Discussion in 'Stocks' started by Stocks4life, Nov 22, 2013.

  1. ITEK nice follow through today, AMZN too
     
    Last edited: Oct 15, 2015
    #561     Oct 15, 2015
  2. ZGNX breakout watch, next resistance above at 16.88 (+20%)

    RESISTANCE ABOVE +20.7% at 16.88 ± 0.47 type double, strength 6

    BREAKOUT WATCH for possible breakout above 14.25, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 16.03, 14.6% Stop: 13.24 Loss: 5.4% P/L ratio: 2.7 : 1 - Good

    [​IMG]
     
    #562     Oct 16, 2015
  3. Not sure what to make of that. It's possible to be "85% right" and still be down money. You must have actual P/L info - ?
     
    #563     Oct 16, 2015
  4. everyone knows you want to shoot for a P/L ratio of at least 3:1 then you need to be right at least 30% or more to be profitable overall, that is common knowledge.
     
    #564     Oct 16, 2015
  5. FB 3rd attempt at breakout

    BREAKOUT WATCH for possible breakout above 98.46, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 103.9, 6.1% Stop: 95.92 Loss: 2% P/L ratio: 3.1 : 1 - Excellent

    [​IMG]
     
    #565     Oct 19, 2015
  6. SALE moving off the bottom here, huge gap

    BREAKOUT WATCH for possible breakout above 9.76, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 10.98, 15.9% Stop: 9.11 Loss: 3.8% P/L ratio: 4.2 : 1 - Excellent

    [​IMG]
     
    #566     Oct 20, 2015
  7. DY ascending triangle breakout watch, high volume

    VOLUME 822.8k shares, +103% compared to typical daily volume over the past 6 months.
    High Volume alert!
    Typical daily volume is 405.1k shares over the past 6 months.

    BREAKOUT WATCH for possible breakout above 80.4, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 88.95, 13.1% Stop: 75.29 Loss: 4.2% P/L ratio: 3.1 : 1 - Excellent

    [​IMG]
     
    #567     Oct 21, 2015
  8. CAM confirmed breakout, also breakout watches on ORLY, JCP, TRUE, CJES (upside resistance gap)

    BREAKOUT CONFIRMED breakout above 67.9, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 73.23, 7.6% Stop: 66.04 Loss: 2.9% P/L ratio: 2.6 : 1 - Good

    [​IMG]

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    #568     Oct 22, 2015
  9. TNET breaking higher into the gap

    BREAKOUT CONFIRMED breakout above 19.71, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 21.73, 8.4% Stop: 19.34 Loss: 3.5% P/L ratio: 2.4 : 1 - Good

    [​IMG]

     
    #569     Oct 23, 2015
  10. HRB on the move higher, confirmed breakout

    BREAKOUT CONFIRMED breakout above 36.65, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 38.49, 4.9% Stop: 35.94 Loss: 2% P/L ratio: 2.5 : 1 - Good

    [​IMG]
     
    #570     Oct 26, 2015