breakout watch from a month long double top area
BREAKOUT WATCH for possible breakout above 21.39, no resistance in area just above.
Type: True breakout from double resistance.
Target: 22.61, 6.3% Stop: 20.94, Loss: 1.5%, Profit/Loss ratio: 4.2 : 1 - Excellent
CURRENT PRICE 21.26, at resistance, 21.13 ± 0.25, type double, strength 6
RESISTANCE ABOVE None.
Chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CSCO
BREAKOUT WATCH for possible breakout above 21.39, no resistance in area just above.
Type: True breakout from double resistance.
Target: 22.61, 6.3% Stop: 20.94, Loss: 1.5%, Profit/Loss ratio: 4.2 : 1 - Excellent
CURRENT PRICE 21.26, at resistance, 21.13 ± 0.25, type double, strength 6
RESISTANCE ABOVE None.
Chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CSCO