IBM moving higher coming up on a breakout watch into the resistance/price gap
BREAKOUT WATCH for possible breakout above 165.66, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 172.7, 5.2% Stop: 162.01, Loss: 1.3%, Profit/Loss ratio: 4 : 1 - Excellent
VOLUME 2mil shares, +11.9% compared to typical volume of 1.78mil by 2:25 pm ET (15-20 min delayed).
Typical daily volume is 2.79mil shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 7.99, no resistance in area just above.
Type: True breakout from double resistance.
Target: 9.87, 26.1% Stop: 7.16, Loss: 8.6%, Profit/Loss ratio: 3 : 1 - Good
VOLUME 904.7k shares, +29.8% compared to typical daily volume over the past 6 months.
Typical daily volume is 696.9k shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 6.94, no resistance in area just above.
Type: True breakout from double resistance.
Target: 9.1, 35% Stop: 6.13, Loss: 9.1%, Profit/Loss ratio: 3.8 : 1 - Excellent
BREAKOUT WATCH for possible breakout above 51.45, no resistance in area just above.
Type: True breakout from double resistance.
Target: 57.02, 11% Stop: 49.59, Loss: 3.5%, Profit/Loss ratio: 3.1 : 1 - Excellent
BREAKOUT WATCH for possible breakout above 40.25, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 43.03, 6.9% Stop: 39.45, Loss: 2%, Profit/Loss ratio: 3.5 : 1 - Excellent
VOLUME 10.01mil shares, +136% compared to typical volume of 4.24mil by 11:05 am ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 13.66mil shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 38.09, no resistance in area just above.
Type: True breakout from double resistance.
Target: 39.88, 6.1% Stop: 36.92, Loss: 1.8%, Profit/Loss ratio: 3.4 : 1 - Excellent
ASNA breakout watch, good day considering the market
BREAKOUT WATCH for possible breakout above 13.73, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 14.77, 7.8% Stop: 13.32, Loss: 2.8%, Profit/Loss ratio: 2.8 : 1 - Good