strong bounce off recent support with a confirmed continuation breakout above 26.87
BREAKOUT CONFIRMED breakout above 26.87, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 28.1, 4.5% Stop: 26.35, Loss: 2%, Profit/Loss ratio: 2.3 : 1 - Good
CURRENT PRICE 26.88, just above resistance, 26.59 ± 0.27, type single, strength 3
RESISTANCE ABOVE None.
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=EMC
BREAKOUT CONFIRMED breakout above 26.87, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 28.1, 4.5% Stop: 26.35, Loss: 2%, Profit/Loss ratio: 2.3 : 1 - Good
CURRENT PRICE 26.88, just above resistance, 26.59 ± 0.27, type single, strength 3
RESISTANCE ABOVE None.
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=EMC