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Monday, December 17, 2012 8:48:20 AM
GDOT big gap breakout
GDOT breaking out into a large gap with volume on the rise.
BREAKOUT CONFIRMED breakout above 13.42, no resistance in area just above.
Type: True breakout from double resistance.
Target: 15.45, 14.7% Stop: 12.79, Loss: 5%, Profit/Loss ratio: 2.9 : 1 - Good
CURRENT PRICE 13.47, just above resistance, 12.98 ± 0.43, type double, strength 4
RESISTANCE ABOVE +50.8% at 20.31 ± 0.67, type single, strength 3
+59.5% at 21.49 ± 0.71, type triple, strength 10
GDOT breaking out into a large gap with volume on the rise.
BREAKOUT CONFIRMED breakout above 13.42, no resistance in area just above.
Type: True breakout from double resistance.
Target: 15.45, 14.7% Stop: 12.79, Loss: 5%, Profit/Loss ratio: 2.9 : 1 - Good
CURRENT PRICE 13.47, just above resistance, 12.98 ± 0.43, type double, strength 4
RESISTANCE ABOVE +50.8% at 20.31 ± 0.67, type single, strength 3
+59.5% at 21.49 ± 0.71, type triple, strength 10
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