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Monday, November 17, 2014 9:52:40 PM
IBM bottom breakout watch, increasing volume (also BRCM potential breakout)
VOLUME 4.8mil shares, +25.8% compared to typical daily volume over the past 6 months.
Typical daily volume is 3.81mil shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 165.73, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 172.3, 4.9% Stop: 161.86, Loss: 1.4%, Profit/Loss ratio: 3.5 : 1 - Excellent
VOLUME 4.8mil shares, +25.8% compared to typical daily volume over the past 6 months.
Typical daily volume is 3.81mil shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 165.73, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 172.3, 4.9% Stop: 161.86, Loss: 1.4%, Profit/Loss ratio: 3.5 : 1 - Excellent
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