ABMD confirmed breakout possible upside gap fill

Discussion in 'Stocks' started by Stocks4life, Feb 25, 2013.

  1. keeps on moving upward despite market weakness

    BREAKOUT CONFIRMED breakout above 14.95, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 16.68, 10.8% Stop: 14.44, Loss: 4.1%, Profit/Loss ratio: 2.6 : 1 - Good

    CURRENT PRICE 15.06, just above resistance, 14.57 ± 0.38, type single, strength 1

    RESISTANCE ABOVE +25.3% at 18.87 ± 0.49, type single, strength 1
    +37.1% at 20.65 ± 0.54, type triple, strength 9
    +46.3% at 22.04 ± 0.57, type triple+, strength 8

    Stock chart

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ABMD
     
  2. entering the gap today, good move