ZUMZ bottom breakout watch and gap fill

Discussion in 'Stocks' started by Stocks4life, Jan 20, 2013.

  1. Watching for a breakout gap fill of this 2 1/2 month bottom area.

    BREAKOUT WATCH for possible breakout above 21.68, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 24.04, 13.5% Stop: 20.21, Loss: 4.6%, Profit/Loss ratio: 2.9 : 1 - Good

    CURRENT PRICE 21.18, at resistance, 21.17 ± 0.51, type double, strength 2

    RESISTANCE ABOVE +20.3% at 25.47 ± 0.61, type single, strength 1
    +24.2% at 26.31 ± 0.63, type single, strength 3
    +31.2% at 27.79 ± 0.67, type single, strength 5

    [​IMG]

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