Breakout and Gap Stocks

test 4

 

FLEX attempting a move higher out of this consolidation area

VOLUME 2.57mil shares, +12.6% compared to typical volume of 2.28mil by 12:25 pm ET (15-20 min delayed).
Typical daily volume is 5.18mil shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 9.49, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 10, 5.2% Stop: 9.31, Loss: 2.1%, Profit/Loss ratio: 2.5 : 1 - Good



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=FLEX"><u>FLEX at StockConsultant</u></a>

 

RAD may get another leg higher

BREAKOUT WATCH for possible breakout above 7.32, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 8.14, 12.3% Stop: 6.96, Loss: 4%, Profit/Loss ratio: 3.1 : 1 - Excellent



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=RAD"><u>RAD at StockConsultant</u></a>

 

big volume spike at end of day, today

 

BIG breakout

VOLUME 616.7k shares, +44.7% compared to typical volume of 426.1k by 12:25 pm ET (15-20 min delayed).
Typical daily volume is 968.4k shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 39.14, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 41.6, 5.2% Stop: 38.72, Loss: 2.1%, Profit/Loss ratio: 2.5 : 1 - Good



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=BIG"><u>BIG at StockConsultant</u></a>

 

WRES continuation

VOLUME 369.4k shares, +46.6% compared to typical volume of 252.1k by 11:55 am ET (15-20 min delayed).
Typical daily volume is 646.3k shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 5.32, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 5.71, 5.7% Stop: 5.26, Loss: 2.6%, Profit/Loss ratio: 2.2 : 1 - Good



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=WRES"><u>WRES at StockConsultant</u></a>

 

NVDA finally breaks out of this range

VOLUME 965.8k shares, +64.5% compared to typical volume of 587k by 10:05 am ET (15-20 min delayed).
Typical daily volume is 7.34mil shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 19.06, no resistance in area just above.
Type: True breakout from double resistance.
Target: 20.07, 4.3% Stop: 18.87, Loss: 1.9%, Profit/Loss ratio: 2.3 : 1 - Good



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=NVDA"><u>NVDA at StockConsultant</u></a>

 

CPB sliding higher

BREAKOUT WATCH for possible breakout above 45.28, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 47.48, 4.9% Stop: 44.67, Loss: 1.3%, Profit/Loss ratio: 3.8 : 1 - Excellent



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CPB"><u>CPB at StockConsultant</u></a>

 

DDR attempting to continue higher, strong REIT sector, GGP, DRE and BEE similar pattern

BREAKOUT WATCH for possible breakout above 17.26, no resistance in area just above.
Type: True breakout from double resistance.
Target: 18.02, 4.8% Stop: 16.98, Loss: 1.3%, Profit/Loss ratio: 3.7 : 1 - Excellent



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=DDR"><u>DDR at StockConsultant</u></a>

 

RAD looking good here, has some volume behind it

VOLUME 40.95mil shares, +69.4% compared to typical daily volume over the past 6 months.
Typical daily volume is 24.17mil shares over the past 6 months.

BREAKOUT WATCH for possible breakout above 7.34, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 8.13, 11.4% Stop: 6.97, Loss: 4.5%, Profit/Loss ratio: 2.5 : 1 - Good



source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=RAD"><u>RAD at StockConsultant</u></a>