ARUN breakout watch and gapper

Discussion in 'Stocks' started by Stocks4life, Jun 27, 2013.

  1. Approaching an upside price gap on a breakout watch.

    BREAKOUT WATCH for possible breakout above 15.28, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 16.89, 12.3% Stop: 14.55, Loss: 3.3%, Profit/Loss ratio: 3.7 : 1 - Excellent

    CURRENT PRICE 15.04, at resistance or support, 14.95 ± 0.33, type double, strength 7
    RESISTANCE ABOVE +15.4% at 17.36 ± 0.38, type single, strength 5
    +24% at 18.65 ± 0.41, type single, strength 5

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ARUN