HPQ next leg higher

Discussion in 'Stocks' started by Stocks4life, Aug 2, 2013.

  1. starting to move higher today after almost a month of price consolidation, watch for breakout above 26.79

    BREAKOUT WATCH for possible breakout above 26.79, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 28.85, 8.4% Stop: 25.8, Loss: 3%, Profit/Loss ratio: 2.8 : 1 - Good

    CURRENT PRICE 26.61, at resistance, 26.34 ± 0.45, type single, strength 1
    RESISTANCE ABOVE None.

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=HPQ
     
  2. here's another on a possible new leg higher

    ACAD starting to move higher after two months of price consolidation, watch for breakout above 20.71 (strong triple resistance)

    BREAKOUT WATCH for possible breakout above 20.71, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 24.73, 21.2% Stop: 19.37, Loss: 5.1%, Profit/Loss ratio: 4.2 : 1 - Excellent

    CURRENT PRICE 20.41, at resistance, 19.88 ± 0.82, type triple, strength 9
    RESISTANCE ABOVE None.

    SUPPORT BELOW -10.7% at 18.22 ± 0.75, type single, strength 8
    -29.1% at 14.47 ± 0.59, type double, strength 10

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ACAD