watch for breakout above 18.06 and into the price gap BREAKOUT WATCH for possible breakout above 18.06, no resistance in area just above. Type: Continuation breakout from single resistance. Target: 19.64, 9.1% Stop: 17.42, Loss: 3.2%, Profit/Loss ratio: 2.8 : 1 - Good CURRENT PRICE 18, at resistance, 17.7 ± 0.35, type single, strength 5 RESISTANCE ABOVE +13.7% at 20.46 ± 0.41, type single, strength 1 +19.4% at 21.49 ± 0.43, type single, strength 3 source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ARUN
Here's another one EW strong start today with a breakout watch into a good sized price gap VOLUME 544.2k shares, +473% compared to typical volume of 95.03k by 10:05 am ET (15-20 min delayed). High Volume alert! Typical daily volume is 1.19mil shares over the past 6 months. BREAKOUT WATCH for possible breakout above 72.26, no resistance in area just above. Type: True breakout from triple resistance. Target: 77.52, 7.4% Stop: 70.3, Loss: 2.6%, Profit/Loss ratio: 2.8 : 1 - Good CURRENT PRICE 72.2, at resistance, 71.1 ± 1.14, type triple, strength 10 RESISTANCE ABOVE +13.6% at 82.02 ± 1.31, type triple, strength 7 +19.6% at 86.38 ± 1.38, type double, strength 9 source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=EW
well a few months later and here we try again this time with more volume VOLUME 3.55mil shares, +62.6% compared to typical volume of 2.18mil by 3:40 pm ET (15-20 min delayed). Typical daily volume is 2.54mil shares over the past 6 months. BREAKOUT CONFIRMED breakout above 19.16, no resistance in area just above. Type: Continuation breakout from single resistance. Target: 20.61, 6.3% Stop: 18.83, Loss: 2.8%, Profit/Loss ratio: 2.3 : 1 - Good CURRENT PRICE 19.38, just above resistance, 18.83 ± 0.32, type single, strength 1 RESISTANCE ABOVE +10.9% at 21.49 ± 0.37, type double, strength 4 +15.4% at 22.37 ± 0.38, type single, strength 1 source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ARUN"><u>ARUN at StockConsultant</u></a>