UBNT new leg higher

Discussion in 'Stocks' started by Stocks4life, Oct 4, 2013.

  1. confirmed breakout on high volume looks like it could start a new leg higher

    VOLUME 415.7k shares, +123% compared to typical volume of 186.8k by 12:25 pm ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 424.5k shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 36.7, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 41.49, 12.1% Stop: 35.34, Loss: 4.5%, Profit/Loss ratio: 2.7 : 1 - Good

    [​IMG]

    source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=UBNT"><u>UBNT at StockConsultant</u></a>