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Wednesday, January 09, 2013 12:41:04 PM
LEN and RYL breakouts
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
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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