SRPT confirmed breakout

making a breakout run on good volume after a 4 month base

BREAKOUT CONFIRMED breakout above 31.85, no resistance in area just above.
Type: True breakout from triple+ resistance.
Target: 39.48, 19.8% Stop: 30.41, Loss: 7.7%, Profit/Loss ratio: 2.6 : 1 - Good

CURRENT PRICE 32.95, just above resistance, 30.29 ± 1.58, type triple+, strength 10

RESISTANCE ABOVE None.

Stock chart

SRPT_3_14.png


source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SRPT
 
been a while but looks like SRPT ready to move higher out of the bullish flag

VOLUME 1.56mil shares, +204% compared to typical volume of 513.6k by 11:05 am ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 1.66mil shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 49.25, no resistance in area just above.
Type: True breakout from double resistance.
Target: 55.97, 11% Stop: 48.02, Loss: 4.8%, Profit/Loss ratio: 2.3 : 1 - Good

SRPT_10_3.png


source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SRPT"><u>SRPT at StockConsultant</u></a>
 

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