OMX confirmed breakout

two month breakout above the 10 area

BREAKOUT CONFIRMED breakout above 10.34, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 11.78, 11.2% Stop: 10.01, Loss: 5.5%, Profit/Loss ratio: 2 : 1 - Fair

CURRENT PRICE 10.59, just above resistance, 10.04 ± 0.3, type triple, strength 9

RESISTANCE ABOVE None.

SUPPORT BELOW -5.2% at 10.04 ± 0.3, type triple, strength 9
-11.9% at 9.33 ± 0.28, type single, strength 8
-22.8% at 8.18 ± 0.25, type double, strength 10

OMX_1_15.png


source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=OMX
 

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Stocks4life, do you manage to make any profit following your own predictions?

And BTW I note you deleted one of your threads in which I posted some better stocks to trade, can't remember what the stock was that you were posting about but I'm curious why you deleted the thread? Bit sensitive are you? :cool:
 
I post my favorite setups time permitting (plus I don't want to clog up the forum), but it's up to anyone trading to do their own DD. The trade needs to fit your style.

The moderator deleted that thread I didn't know at the time but I violated the penny stock rule for this forum. Stock needs to be above $5 or > 1 million shares. That stock was around $3.
 
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