good volume today with a breakout watch above 25.33 and strong double resistance with a possible price gap fill.
VOLUME 236.6k shares, +7.2% compared to typical daily volume over the past 6 months.
Typical daily volume is 220.7k shares over the past 6 months.
CURRENT PRICE 25.24, at resistance, 24.85 ± 0.47, type double, strength 10
RESISTANCE ABOVE +11.8% at 28.23 ± 0.54, type triple, strength 8
+18% at 29.79 ± 0.57, type double, strength 10
BREAKOUT WATCH for possible breakout above 25.33, no resistance in area just above.
Type: True breakout from double resistance.
Target: 27.59, 9.3% Stop: 24.36, Loss: 3.5%, Profit/Loss ratio: 2.7 : 1 - Good
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=AVD
VOLUME 236.6k shares, +7.2% compared to typical daily volume over the past 6 months.
Typical daily volume is 220.7k shares over the past 6 months.
CURRENT PRICE 25.24, at resistance, 24.85 ± 0.47, type double, strength 10
RESISTANCE ABOVE +11.8% at 28.23 ± 0.54, type triple, strength 8
+18% at 29.79 ± 0.57, type double, strength 10
BREAKOUT WATCH for possible breakout above 25.33, no resistance in area just above.
Type: True breakout from double resistance.
Target: 27.59, 9.3% Stop: 24.36, Loss: 3.5%, Profit/Loss ratio: 2.7 : 1 - Good
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=AVD