Breakout and Gap Stocks

ICON second attempt to breakout into the upside gap

BREAKOUT WATCH for possible breakout above 15.38, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 17.18, 14.4% Stop: 14.28 Loss: 4.9% P/L ratio: 2.9 : 1 - Good

ICON1082015b.png

 
JMEI breakout watch, good upside resistance gap off lower support

BREAKOUT WATCH for possible breakout above 11.25, no resistance in area just above.
Type: True breakout from double resistance.
Target: 12.98, 18.3% Stop: 10.29 Loss: 6.2% P/L ratio: 3 : 1 - Good

JMEI1092015b.png
 
AMZN confirmed breakout

VOLUME 590.6k shares, +8.5% compared to typical volume of 544.1k by 10:25 am ET (15-20 min delayed).
Typical daily volume is 3.4mil shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 547.98, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 586.4, 6.2% Stop: 539.6 Loss: 2.3% P/L ratio: 2.7 : 1 - Good

AMZN10132015b.png
 
IDTI breakout watch, possible 2nd leg higher

RESISTANCE ABOVE+9.9% at 24.01 ± 0.46 type double, strength 9

BREAKOUT WATCH for possible breakout above 22.13, no resistance in area just above.
Type: True breakout from triple+ resistance.
Target: 23.97, 9.8% Stop: 21.29 Loss: 2.5% P/L ratio: 3.9 : 1 - Excellent

IDTI10132015b.png
 
$550 is a huge wall for $AMZN. Not sure I'd claim a breakout a few pennies below it. JMHO. I'm bullish, long term, but wouldn't add yet.
 
ITEK confirmed breakout, 20% resistance gap

BREAKOUT CONFIRMED breakout above 10.4, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 12.54, 20.5% Stop: 9.5 Loss: 8.7% P/L ratio: 2.4 : 1 - Good

ITEK10152015c.png

 
You must log in or register to reply here.
Back
Top