ITEK nice follow through today, AMZN too
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Breakout and Gap Stocks
- Thread starter Stocks4life
- Start date
ZGNX breakout watch, next resistance above at 16.88 (+20%)
RESISTANCE ABOVE +20.7% at 16.88 ± 0.47 type double, strength 6
BREAKOUT WATCH for possible breakout above 14.25, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 16.03, 14.6% Stop: 13.24 Loss: 5.4% P/L ratio: 2.7 : 1 - Good
RESISTANCE ABOVE +20.7% at 16.88 ± 0.47 type double, strength 6
BREAKOUT WATCH for possible breakout above 14.25, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 16.03, 14.6% Stop: 13.24 Loss: 5.4% P/L ratio: 2.7 : 1 - Good
Not sure what to make of that. It's possible to be "85% right" and still be down money. You must have actual P/L info - ?
everyone knows you want to shoot for a P/L ratio of at least 3:1 then you need to be right at least 30% or more to be profitable overall, that is common knowledge.
FB 3rd attempt at breakout
BREAKOUT WATCH for possible breakout above 98.46, no resistance in area just above.
Type: True breakout from double resistance.
Target: 103.9, 6.1% Stop: 95.92 Loss: 2% P/L ratio: 3.1 : 1 - Excellent
BREAKOUT WATCH for possible breakout above 98.46, no resistance in area just above.
Type: True breakout from double resistance.
Target: 103.9, 6.1% Stop: 95.92 Loss: 2% P/L ratio: 3.1 : 1 - Excellent
SALE moving off the bottom here, huge gap
BREAKOUT WATCH for possible breakout above 9.76, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 10.98, 15.9% Stop: 9.11 Loss: 3.8% P/L ratio: 4.2 : 1 - Excellent
BREAKOUT WATCH for possible breakout above 9.76, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 10.98, 15.9% Stop: 9.11 Loss: 3.8% P/L ratio: 4.2 : 1 - Excellent
DY ascending triangle breakout watch, high volume
VOLUME 822.8k shares, +103% compared to typical daily volume over the past 6 months.
High Volume alert!
Typical daily volume is 405.1k shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 80.4, no resistance in area just above.
Type: True breakout from double resistance.
Target: 88.95, 13.1% Stop: 75.29 Loss: 4.2% P/L ratio: 3.1 : 1 - Excellent
VOLUME 822.8k shares, +103% compared to typical daily volume over the past 6 months.
High Volume alert!
Typical daily volume is 405.1k shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 80.4, no resistance in area just above.
Type: True breakout from double resistance.
Target: 88.95, 13.1% Stop: 75.29 Loss: 4.2% P/L ratio: 3.1 : 1 - Excellent
CAM confirmed breakout, also breakout watches on ORLY, JCP, TRUE, CJES (upside resistance gap)
BREAKOUT CONFIRMED breakout above 67.9, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 73.23, 7.6% Stop: 66.04 Loss: 2.9% P/L ratio: 2.6 : 1 - Good
...
BREAKOUT CONFIRMED breakout above 67.9, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 73.23, 7.6% Stop: 66.04 Loss: 2.9% P/L ratio: 2.6 : 1 - Good
...
TNET breaking higher into the gap
BREAKOUT CONFIRMED breakout above 19.71, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 21.73, 8.4% Stop: 19.34 Loss: 3.5% P/L ratio: 2.4 : 1 - Good
BREAKOUT CONFIRMED breakout above 19.71, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 21.73, 8.4% Stop: 19.34 Loss: 3.5% P/L ratio: 2.4 : 1 - Good
HRB on the move higher, confirmed breakout
BREAKOUT CONFIRMED breakout above 36.65, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 38.49, 4.9% Stop: 35.94 Loss: 2% P/L ratio: 2.5 : 1 - Good
BREAKOUT CONFIRMED breakout above 36.65, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 38.49, 4.9% Stop: 35.94 Loss: 2% P/L ratio: 2.5 : 1 - Good