SWKS breakout watch

Discussion in 'Stocks' started by Stocks4life, Aug 19, 2013.

  1. after a month of price consolidation watch for breakout above 25.01 (strong triple resistance). See long term 2 year chart included below to see significant resistance at 25.

    BREAKOUT WATCH for possible breakout above 25.01, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 26.71, 7.9% Stop: 24.26, Loss: 2%, Profit/Loss ratio: 4 : 1 - Excellent

    CURRENT PRICE 24.75, at resistance, 24.65 ± 0.35, type triple, strength 10
    RESISTANCE ABOVE None.

    SUPPORT BELOW -3.8% at 23.82 ± 0.33, type triple+, strength 10
    -7.7% at 22.84 ± 0.32, type triple, strength 8

    [​IMG]

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