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Old 01-06-2013, 09:37 PM   #1

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Arrow Breakout and Gap Stocks

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

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Old 01-06-2013, 11:18 PM   #2

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Smile Re: Breakout and Gap Stocks

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.
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Old 01-07-2013, 12:33 PM   #3

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Re: Breakout and Gap Stocks

Quote:
Originally Posted by Stocks4life »
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

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Old 01-08-2013, 08:23 AM   #4

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Re: Breakout and Gap Stocks

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

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Old 01-09-2013, 12:33 PM   #5

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Re: Breakout and Gap Stocks

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

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Old 01-09-2013, 03:25 PM   #6

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Cool Re: Breakout and Gap Stocks

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.
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Old 01-09-2013, 11:36 PM   #7

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Re: Breakout and Gap Stocks

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
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Old 01-10-2013, 09:49 AM   #8

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Re: Breakout and Gap Stocks

EBAY

Breakout watch above 53.61

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