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Stocks4life
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Everything posted by Stocks4life
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LEN and RYL both of these home builders moving higher LEN BREAKOUT CONFIRMED breakout above 41.58, no resistance in area just above. Type: Continuation breakout from single resistance. Target: 44.39, 5.9% Stop: 40.8, Loss: 2.6%, Profit/Loss ratio: 2.3 : 1 - Good RYL BREAKOUT WATCH for possible breakout above 38.92, no resistance in area just above. Type: True breakout from double resistance. Target: 42.79, 10.1% Stop: 37.66, Loss: 3.1%, Profit/Loss ratio: 3.2 : 1 - Excellent
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GRPN 3rd test of the large resistance gap, breakout watch and gap entry above 5.58 BREAKOUT WATCH for possible breakout above 5.58, no resistance in area just above. Type: True breakout from double resistance. Target: 7.36, 38.9% Stop: 4.83, Loss: 8.9%, Profit/Loss ratio: 4.4 : 1 - Excellent CURRENT PRICE 5.3, at resistance, 5.21 ± 0.38, type double, strength 8 RESISTANCE ABOVE +42.5% at 7.55 ± 0.54, type double, strength 7
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Nice follow through today
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Z Late Friday Z (Zillow Inc) decided to give us a confirmed breakout and upside gap entry. BREAKOUT CONFIRMED breakout above 29.32, no resistance in area just above. Type: Continuation breakout from single resistance. Target: 32.87, 11% Stop: 28.27, Loss: 4.5%, Profit/Loss ratio: 2.5 : 1 - Good CURRENT PRICE 29.6, just above resistance, 28.54 ± 0.77, type single, strength 1 RESISTANCE ABOVE +12.3% at 33.23 ± 0.9, type double, strength 4 +22.5% at 36.25 ± 0.98, type double, strength 4 +32% at 39.08 ± 1.06, type triple+, strength 8