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Stocks4life

Breakout and Gap Stocks

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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

 

Z_1_6.png

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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

 

Z_1_6.png

 

Nice follow through today

 

Z_1_7.png

Z_1_7.png.82140c3c099cbb49c74a639c9f108042.png

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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

 

GRPN_1_8.png

GRPN_1_8.png.21ff00eaa683c5ec2256cf1e9d42c537.png

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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

 

LEN_1_9.png

 

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

 

RYL_1_9.png

LEN_1_9.png.562669ed9887e0d439243ef9067a957e.png

RYL_1_9.png.8e9d3dea5c6b8462e77e25d843af10b1.png

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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. :cool:

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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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OCZ

 

OCZ getting close to breakout and potential gap fill,

 

BREAKOUT WATCH for possible breakout above 2.14, no resistance in area just above.

Type: True breakout from double resistance.

Target: 2.67, 30.2% Stop: 1.89, Loss: 7.8%, Profit/Loss ratio: 3.9 : 1 - Excellent

 

CURRENT PRICE 2.05, at resistance, 2.03 ± 0.11, type double, strength 7

 

RESISTANCE ABOVE +52.7% at 3.13 ± 0.17, type single, strength 2

+66.8% at 3.42 ± 0.19, type single, strength 5

+108% at 4.26 ± 0.23, type single, strength 3

+126% at 4.63 ± 0.25, type double, strength 6

 

OCZ_1_10.png

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BKD

 

BKD confirmed breakout of a 2 month top

 

BREAKOUT CONFIRMED breakout above 25.96, no resistance in area just above.

Type: True breakout from double resistance.

Target: 28.12, 7.9% Stop: 25.43, Loss: 2.5%, Profit/Loss ratio: 3.1 : 1 - Excellent

 

CURRENT PRICE 26.07, just above resistance, 25.52 ± 0.43, type double, strength 4

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -2.1% at 25.52 ± 0.43, type double, strength 4

-5.3% at 24.7 ± 0.42, type double, strength 10

-9.9% at 23.49 ± 0.4, type triple, strength 10

-13.9% at 22.44 ± 0.38, type double, strength 10

-17% at 21.63 ± 0.37, type double, strength 10

 

BKD_1_11.png

BKD_1_11.png.63e255ec03c2b08efdf0e585992a2e46.png

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MKTG

 

huge gap here to fill and some good volume

 

CURRENT PRICE 7.2, not at resistance or support

 

RESISTANCE ABOVE +24.9% at 8.99 ± 0.25, type single, strength 1

+32.8% at 9.56 ± 0.27, type triple, strength 10

+40.1% at 10.09 ± 0.28, type single, strength 5

+46.1% at 10.52 ± 0.29, type triple, strength 7

 

SUPPORT BELOW -6.7% at 6.72 ± 0.19, type triple, strength 10

-20.1% at 5.75 ± 0.16, type double, strength 8

 

MKTG_1_14.png

MKTG_1_14.png.1373d572a80d7e6beb1352f04702e66a.png

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ANF

 

ANF confirmed breakout from 1 month top area

 

BREAKOUT CONFIRMED breakout above 49.16, no resistance in area just above.

Type: True breakout from double resistance.

Target: 53.76, 8.5% Stop: 48.08, Loss: 2.9%, Profit/Loss ratio: 2.9 : 1 - Good

 

CURRENT PRICE 49.53, just above resistance, 48.21 ± 0.92, type double, strength 7

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -2.7% at 48.21 ± 0.92, type double, strength 7

-7.8% at 45.69 ± 0.87, type double, strength 4

-10.5% at 44.31 ± 0.84, type single, strength 5

-16.2% at 41.52 ± 0.79, type single, strength 8

 

ANF_1_15.png

ANF_1_15.png.d254107a6306a53f00624be9b115c8f4.png

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EXLA did up +85% on yesterday's close following a buzz about the merger news coming, I don't think we'll see any more selling going on here at least not before the merger hits which could come through any day now. Let's have a great day here today!

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HNT

 

Continuation breakout watch out of this 6 month 25 price range.

 

BREAKOUT WATCH for possible breakout above 27.28, no resistance in area just above.

Type: Continuation breakout from single resistance.

Target: 30.03, 12.7% Stop: 25.67, Loss: 3.6%, Profit/Loss ratio: 3.5 : 1 - Excellent

 

CURRENT PRICE 26.64, at resistance, 26.66 ± 0.61, type single, strength 5

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -5.5% at 25.17 ± 0.58, type triple+, strength 10

-11.1% at 23.68 ± 0.54, type triple+, strength 10

-14.9% at 22.66 ± 0.52, type double, strength 6

 

HNT_1_15.png

HNT_1_15.png.741ebf986999fb45271d7c4830b28b47.png

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OMX

 

two month breakout above the 10 area

 

BREAKOUT CONFIRMED breakout above 10.34, no resistance in area just above.

Type: True breakout from triple resistance.

Target: 11.78, 11.2% Stop: 10.01, Loss: 5.5%, Profit/Loss ratio: 2 : 1 - Fair

 

CURRENT PRICE 10.59, just above resistance, 10.04 ± 0.3, type triple, strength 9

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -5.2% at 10.04 ± 0.3, type triple, strength 9

-11.9% at 9.33 ± 0.28, type single, strength 8

-22.8% at 8.18 ± 0.25, type double, strength 10

 

OMX_1_15.png

OMX_1_15.png.3b5f2caa77bb89a960e1d0a9d2451ed0.png

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AMD

 

AMD nearing an upside resistance gap (+19.5%) with some good volume coming in today.

 

 

CURRENT PRICE 2.72, at resistance, 2.77 ± 0.09, type double, strength 10

 

RESISTANCE ABOVE +19.5% at 3.25 ± 0.11, type single, strength 5

+30.9% at 3.56 ± 0.12, type double, strength 8

+40.8% at 3.83 ± 0.13, type double, strength 6

+49.6% at 4.07 ± 0.14, type double, strength 2

+61.8% at 4.4 ± 0.15, type single, strength 8

+79% at 4.87 ± 0.17, type single, strength 1

+100% at 5.45 ± 0.19, type single, strength 1

+115% at 5.85 ± 0.2, type double, strength 2

 

SUPPORT BELOW -6.6% at 2.54 ± 0.09, type double, strength 10

-13.6% at 2.35 ± 0.08, type single, strength 5

-23.9% at 2.07 ± 0.07, type double, strength 10

-30.9% at 1.88 ± 0.06, type single, strength 5

 

AMD_1_16.png

AMD_1_16.png.46d9456c1254b9a96734f954db17da92.png

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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

 

Z_1_6.png

 

Z had some good follow through filling the gap and is now at resistance

 

Z_1_17.png

Z_1_17.png.2dd9ac99dd1806b7239ae964b28912ce.png

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CAT

 

Bull flag under a breakout watch but could use more volume on any push higher, but worth a watch.

 

BREAKOUT WATCH for possible breakout above 96.63, no resistance in area just above.

Type: True breakout from double resistance.

Target: 102.8, 7.3% Stop: 94.02, Loss: 1.9%, Profit/Loss ratio: 3.8 : 1 - Excellent

 

CAT_1_17.png

CAT_1_17.png.611dbb6d511734f50500bb8a7e16fd6e.png

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CAT

 

Bull flag under a breakout watch but could use more volume on any push higher, but worth a watch.

 

BREAKOUT WATCH for possible breakout above 96.63, no resistance in area just above.

Type: True breakout from double resistance.

Target: 102.8, 7.3% Stop: 94.02, Loss: 1.9%, Profit/Loss ratio: 3.8 : 1 - Excellent

 

CAT_1_17.png

 

source:Consultant - CAT Stock Charts, Analysis, Caterpillar Inc

 

CAT nice follow through today

 

CAT_1_18.png

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ZUMZ

 

Watching for a breakout gap fill of this 2 1/2 month bottom area.

 

BREAKOUT WATCH for possible breakout above 21.68, no resistance in area just above.

Type: True breakout from double resistance.

Target: 24.04, 13.5% Stop: 20.21, Loss: 4.6%, Profit/Loss ratio: 2.9 : 1 - Good

 

CURRENT PRICE 21.18, at resistance, 21.17 ± 0.51, type double, strength 2

 

RESISTANCE ABOVE +20.3% at 25.47 ± 0.61, type single, strength 1

+24.2% at 26.31 ± 0.63, type single, strength 3

+31.2% at 27.79 ± 0.67, type single, strength 5

 

ZUMZ_1_20.png

ZUMZ_1_20.png.45e3bf98222a7210a6bbbb4ab56c6928.png

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HD

 

nearing a breakout with volume increasing

 

BREAKOUT WATCH for possible breakout above 65.48, no resistance in area just above.

Type: Continuation breakout from single resistance.

Target: 68.67, 4.9% Stop: 64.27, Loss: 1.8%, Profit/Loss ratio: 2.7 : 1 - Good

 

CURRENT PRICE 65.47, at resistance, 64.76 ± 0.71, type single, strength 3

 

RESISTANCE ABOVE None.

 

SUPPORT BELOW -2.9% at 63.56 ± 0.7, type triple, strength 7

-5.3% at 62.01 ± 0.68, type triple+, strength 10

-9.2% at 59.43 ± 0.65, type double, strength 8

-13.6% at 56.55 ± 0.62, type double, strength 5

 

HD_1_21.png

 

source: Consultant - HD Stock Charts, Analysis, Home Depot Inc

HD_1_21.png.72d207a84926a052cc76723a60147bfd.png

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URS

 

nice flat bull flag confirmed breakout

 

BREAKOUT CONFIRMED breakout above 41.01, no resistance in area just above.

Type: True breakout from double resistance.

Target: 43.48, 5.4% Stop: 40.48, Loss: 1.9%, Profit/Loss ratio: 2.8 : 1 - Good

 

CURRENT PRICE 41.25, just above resistance, 40.51 ± 0.49, type double, strength 9

 

RESISTANCE ABOVE None.

 

URS_1_22.png

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LNG

 

Clean confirmed breakout above 20.89

 

BREAKOUT CONFIRMED breakout above 20.89, no resistance in area just above.

Type: Continuation breakout from single resistance.

Target: 23.3, 10.8% Stop: 20.19, Loss: 4%, Profit/Loss ratio: 2.7 : 1 - Good

 

CURRENT PRICE 21.03, just above resistance, 20.35 ± 0.53, type single, strength 1

 

RESISTANCE ABOVE None.

 

LNG_1_22.png

 

source: Consultant - LNG Stock Charts, Analysis, Cheniere Energy Inc

LNG_1_22.png.136a53c8a62c083a8de33d9901237654.png

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