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Tuesday, December 11, 2012 11:32:12 AM
RATE breakout watch plus gap fill
heres another was beaten down with a downgrade but fought back now near nearing a big gap fill breakout.
BREAKOUT WATCH for possible breakout above 12.08, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 13.42, 12.2% Stop: 11.53, Loss: 3.6%, Profit/Loss ratio: 3.4 : 1 - Excellent
CURRENT PRICE 11.96, at resistance, 11.78 ± 0.29, type single, strength 3
RESISTANCE ABOVE +32.8% at 15.88 ± 0.4, type double, strength 7
+41.7% at 16.95 ± 0.42, type triple+, strength 10
heres another was beaten down with a downgrade but fought back now near nearing a big gap fill breakout.
BREAKOUT WATCH for possible breakout above 12.08, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 13.42, 12.2% Stop: 11.53, Loss: 3.6%, Profit/Loss ratio: 3.4 : 1 - Excellent
CURRENT PRICE 11.96, at resistance, 11.78 ± 0.29, type single, strength 3
RESISTANCE ABOVE +32.8% at 15.88 ± 0.4, type double, strength 7
+41.7% at 16.95 ± 0.42, type triple+, strength 10
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