Breakout and Gap Stocks

[Stocks4life 11]

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

 

[pushpacares007 10]

Z (Zillow Inc) has given breakout on both daily and weekly charts..It is all set to go up in short term. Target in the range of $33-$36 cannot be ruled out.

[Stocks4life 11]

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

 

 

Nice follow through today

 

[Stocks4life 11]

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

 

[Stocks4life 11]

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

 

[Vinayak 10]

Wells Fargo (WFC) is a breakout stock with its 4Q12 earnings report to be released on Friday. I am pretty confident that these highly anticipated round of earnings reports releases will see the relevant stock soar as I much expected with Alcoa (AA).

Amazon (AMZN) has also had a good week, but what's not to love is the high P/E ratio of 3561.35. This makes me tilt to its competitor in e-commerce EBAY (EBA) which seems to have better fundamentals.

The interesting thing to note is that both these really large growth stocks are getting mighty close to their 52 week highs.

[Stocks4life 11]

AMZN is getting a little extended, I like EBAY with a bull flag breakout watch above 53.61, I'll try to post a chart tomorrow, it's getting late.

 

BREAKOUT WATCH for possible breakout above 53.61, no resistance in area just above.

Type: True breakout from double resistance.

Target: 56.76, 7.6% Stop: 51.94, Loss: 1.6%, Profit/Loss ratio: 4.7 : 1 - Excellent

[Stocks4life 11]

EBAY

 

Breakout watch above 53.61

 

[Stocks4life 11]

OCZ

 

OCZ getting close to breakout and potential gap fill,

 

BREAKOUT WATCH for possible breakout above 2.14, no resistance in area just above.

Type: True breakout from double resistance.

Target: 2.67, 30.2% Stop: 1.89, Loss: 7.8%, Profit/Loss ratio: 3.9 : 1 - Excellent

 

CURRENT PRICE 2.05, at resistance, 2.03 ± 0.11, type double, strength 7

 

RESISTANCE ABOVE +52.7% at 3.13 ± 0.17, type single, strength 2

+66.8% at 3.42 ± 0.19, type single, strength 5

+108% at 4.26 ± 0.23, type single, strength 3

+126% at 4.63 ± 0.25, type double, strength 6

 

[Stocks4life 11]

BKD

 

BKD confirmed breakout of a 2 month top

 

BREAKOUT CONFIRMED breakout above 25.96, no resistance in area just above.

Type: True breakout from double resistance.

Target: 28.12, 7.9% Stop: 25.43, Loss: 2.5%, Profit/Loss ratio: 3.1 : 1 - Excellent

 

CURRENT PRICE 26.07, just above resistance, 25.52 ± 0.43, type double, strength 4

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -2.1% at 25.52 ± 0.43, type double, strength 4

-5.3% at 24.7 ± 0.42, type double, strength 10

-9.9% at 23.49 ± 0.4, type triple, strength 10

-13.9% at 22.44 ± 0.38, type double, strength 10

-17% at 21.63 ± 0.37, type double, strength 10

 

[Stocks4life 11]

BKD pushing higher nice follow through today

[Stocks4life 11]

MKTG

 

huge gap here to fill and some good volume

 

CURRENT PRICE 7.2, not at resistance or support

 

RESISTANCE ABOVE +24.9% at 8.99 ± 0.25, type single, strength 1

+32.8% at 9.56 ± 0.27, type triple, strength 10

+40.1% at 10.09 ± 0.28, type single, strength 5

+46.1% at 10.52 ± 0.29, type triple, strength 7

 

SUPPORT BELOW -6.7% at 6.72 ± 0.19, type triple, strength 10

-20.1% at 5.75 ± 0.16, type double, strength 8

 

[Stocks4life 11]

ANF

 

ANF confirmed breakout from 1 month top area

 

BREAKOUT CONFIRMED breakout above 49.16, no resistance in area just above.

Type: True breakout from double resistance.

Target: 53.76, 8.5% Stop: 48.08, Loss: 2.9%, Profit/Loss ratio: 2.9 : 1 - Good

 

CURRENT PRICE 49.53, just above resistance, 48.21 ± 0.92, type double, strength 7

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -2.7% at 48.21 ± 0.92, type double, strength 7

-7.8% at 45.69 ± 0.87, type double, strength 4

-10.5% at 44.31 ± 0.84, type single, strength 5

-16.2% at 41.52 ± 0.79, type single, strength 8

 

[bluefrog 10]

EXLA did up +85% on yesterday's close following a buzz about the merger news coming, I don't think we'll see any more selling going on here at least not before the merger hits which could come through any day now. Let's have a great day here today!

[Stocks4life 11]

HNT

 

Continuation breakout watch out of this 6 month 25 price range.

 

BREAKOUT WATCH for possible breakout above 27.28, no resistance in area just above.

Type: Continuation breakout from single resistance.

Target: 30.03, 12.7% Stop: 25.67, Loss: 3.6%, Profit/Loss ratio: 3.5 : 1 - Excellent

 

CURRENT PRICE 26.64, at resistance, 26.66 ± 0.61, type single, strength 5

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -5.5% at 25.17 ± 0.58, type triple+, strength 10

-11.1% at 23.68 ± 0.54, type triple+, strength 10

-14.9% at 22.66 ± 0.52, type double, strength 6

 

[Stocks4life 11]

OMX

 

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

 

[Stocks4life 11]

AMD

 

AMD nearing an upside resistance gap (+19.5%) with some good volume coming in today.

 

 

CURRENT PRICE 2.72, at resistance, 2.77 ± 0.09, type double, strength 10

 

RESISTANCE ABOVE +19.5% at 3.25 ± 0.11, type single, strength 5

+30.9% at 3.56 ± 0.12, type double, strength 8

+40.8% at 3.83 ± 0.13, type double, strength 6

+49.6% at 4.07 ± 0.14, type double, strength 2

+61.8% at 4.4 ± 0.15, type single, strength 8

+79% at 4.87 ± 0.17, type single, strength 1

+100% at 5.45 ± 0.19, type single, strength 1

+115% at 5.85 ± 0.2, type double, strength 2

 

SUPPORT BELOW -6.6% at 2.54 ± 0.09, type double, strength 10

-13.6% at 2.35 ± 0.08, type single, strength 5

-23.9% at 2.07 ± 0.07, type double, strength 10

-30.9% at 1.88 ± 0.06, type single, strength 5

 

[Stocks4life 11]

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

 

 

Z had some good follow through filling the gap and is now at resistance

 

[howthom 10]

Are you trading these setups? If so, do you mind sharing your win/loss percentage and average hold time? And, can you talk about your exit strategy.

Thanks.

[Stocks4life 11]

CAT

 

Bull flag under a breakout watch but could use more volume on any push higher, but worth a watch.

 

BREAKOUT WATCH for possible breakout above 96.63, no resistance in area just above.

Type: True breakout from double resistance.

Target: 102.8, 7.3% Stop: 94.02, Loss: 1.9%, Profit/Loss ratio: 3.8 : 1 - Excellent

 

[Stocks4life 11]

CAT

 

Bull flag under a breakout watch but could use more volume on any push higher, but worth a watch.

 

BREAKOUT WATCH for possible breakout above 96.63, no resistance in area just above.

Type: True breakout from double resistance.

Target: 102.8, 7.3% Stop: 94.02, Loss: 1.9%, Profit/Loss ratio: 3.8 : 1 - Excellent

 

 

source:Consultant - CAT Stock Charts, Analysis, Caterpillar Inc

 

CAT nice follow through today

 

[Stocks4life 11]

ZUMZ

 

Watching for a breakout gap fill of this 2 1/2 month bottom area.

 

BREAKOUT WATCH for possible breakout above 21.68, no resistance in area just above.

Type: True breakout from double resistance.

Target: 24.04, 13.5% Stop: 20.21, Loss: 4.6%, Profit/Loss ratio: 2.9 : 1 - Good

 

CURRENT PRICE 21.18, at resistance, 21.17 ± 0.51, type double, strength 2

 

RESISTANCE ABOVE +20.3% at 25.47 ± 0.61, type single, strength 1

+24.2% at 26.31 ± 0.63, type single, strength 3

+31.2% at 27.79 ± 0.67, type single, strength 5

 

[Stocks4life 11]

HD

 

nearing a breakout with volume increasing

 

BREAKOUT WATCH for possible breakout above 65.48, no resistance in area just above.

Type: Continuation breakout from single resistance.

Target: 68.67, 4.9% Stop: 64.27, Loss: 1.8%, Profit/Loss ratio: 2.7 : 1 - Good

 

CURRENT PRICE 65.47, at resistance, 64.76 ± 0.71, type single, strength 3

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -2.9% at 63.56 ± 0.7, type triple, strength 7

-5.3% at 62.01 ± 0.68, type triple+, strength 10

-9.2% at 59.43 ± 0.65, type double, strength 8

-13.6% at 56.55 ± 0.62, type double, strength 5

 

 

source: Consultant - HD Stock Charts, Analysis, Home Depot Inc

[Stocks4life 11]

URS

 

nice flat bull flag confirmed breakout

 

BREAKOUT CONFIRMED breakout above 41.01, no resistance in area just above.

Type: True breakout from double resistance.

Target: 43.48, 5.4% Stop: 40.48, Loss: 1.9%, Profit/Loss ratio: 2.8 : 1 - Good

 

CURRENT PRICE 41.25, just above resistance, 40.51 ± 0.49, type double, strength 9

 

RESISTANCE ABOVE None.

 

[Stocks4life 11]

LNG

 

Clean confirmed breakout above 20.89

 

BREAKOUT CONFIRMED breakout above 20.89, no resistance in area just above.

Type: Continuation breakout from single resistance.

Target: 23.3, 10.8% Stop: 20.19, Loss: 4%, Profit/Loss ratio: 2.7 : 1 - Good

 

CURRENT PRICE 21.03, just above resistance, 20.35 ± 0.53, type single, strength 1

 

RESISTANCE ABOVE None.

 

 

source: Consultant - LNG Stock Charts, Analysis, Cheniere Energy Inc