Breakout and Gap Stocks

now a confirmed breakout today, good volume +35% above normal

 

AMD pounding out a bottom area, breakout watch

BREAKOUT WATCH for possible breakout above 2.89, no resistance in area just above.
Type: True breakout from double resistance.
Target: 3.15, 11.3% Stop: 2.74, Loss: 3.2%, Profit/Loss ratio: 3.5 : 1 - Excellent



source: AMD at StockConsultant

 

MRK breakout watch, held up good today with the market weakness

BREAKOUT WATCH for possible breakout above 61.48, no resistance in area just above.
Type: True breakout from double resistance.
Target: 63.9, 5.6% Stop: 59.65, Loss: 1.4%, Profit/Loss ratio: 4 : 1 - Excellent



source: MRK at StockConsultant

 

IBM bottom breakout watch, volume strong

BREAKOUT WATCH for possible breakout above 165.76, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 172.3, 5% Stop: 161.92, Loss: 1.3%, Profit/Loss ratio: 3.9 : 1 - Excellent



source: IBM at StockConsultant

 

now a confirmed breakout

 

LE breakout watch, higher lows, good volume

VOLUME 627.4k shares, +48.5% compared to typical daily volume over the past 6 months.
Typical daily volume is 422.6k shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 50.06, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 54.21, 9.6% Stop: 47.79, Loss: 3.4%, Profit/Loss ratio: 2.8 : 1 - Good



source: LE at StockConsultant

 

LE now a confirmed breakout

 

INVN good gap, bottom breakout watch

BREAKOUT WATCH for possible breakout above 16.55, no resistance in area just above.
Type: True breakout from double resistance.
Target: 18.39, 14.2% Stop: 15.63, Loss: 2.9%, Profit/Loss ratio: 4.9 : 1 - Excellent



source: INVN at StockConsultant

 

LOCK confirmed breakout out of a price range, big volume

VOLUME 1.85mil shares, +301% compared to typical volume of 461.9k by 12:25 pm ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 1.05mil shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 17.9, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 19.47, 8.7% Stop: 17.31, Loss: 3.4%, Profit/Loss ratio: 2.6 : 1 - Good



source: LOCK at StockConsultant

 

ARWR bottom breakout watch, great volume, nice resistance gap

VOLUME 1.62mil shares, +136% compared to typical volume of 684.9k by 10:45 am ET (15-20 min delayed).
High Volume alert!
Typical daily volume is 2.85mil shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 7.46, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 9.51, 29.9% Stop: 6.53, Loss: 10.8%, Profit/Loss ratio: 2.8 : 1 - Good



source: ARWR at StockConsultant