ACOR confirmed breakout

here is another with a breakout into a good sized resistance price gap.

BREAKOUT CONFIRMED breakout above 34.83, no resistance in area just above.
Type: True breakout from double resistance.
Target: 37.5, 7.3% Stop: 33.99, Loss: 2.7%, Profit/Loss ratio: 2.7 : 1 - Good

CURRENT PRICE 34.95, just above resistance, 34.26 ± 0.55, type double, strength 6
RESISTANCE ABOVE +10.7% at 38.69 ± 0.62, type single, strength 5

ACOR_6_18.png


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

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Not quite there yet, need a healthy close above 35 on good volume; although volume isnt as important as it once was( in my view). No doubt there is an inflection point here. I am using the 50 dma as resistance.
I like how you didnt choose a $5 stock as most amateurs do.
I will keep an eye on this.
 
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