BAC confirmed breakout

Discussion in 'Stocks' started by Stocks4life, Dec 5, 2012.

  1. nice move today had a heads up the other day on another thread with a watch.

    BREAKOUT CONFIRMED breakout above 10.03, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 10.91, 7.5% Stop: 9.83, Loss: 3.2%, Profit/Loss ratio: 2.3 : 1 - Good

    VOLUME 62.99mil shares, +439% compared to typical volume of 11.69mil by 10:05 am ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 146.1mil shares over the past 6 months.

    [​IMG]
     
  2. I assume Breakout means
    you are currently taking a Bullish position with this bank?

    marc
    :confused:
     
  3. breakouts are up (longs) and breakdowns are down (shorts), just posting any opps I see.

    Had FSLR continuation breakout watch posted on another thread a few days ago.
     
  4. gmst

    gmst

    yes keep posting calls and do keep a track record of your calls.

    I like your approach - will be following you.