Breakout and Gap Stocks

EWBC clean breakout above a couple months of price consolidation

BREAKOUT CONFIRMED breakout above 34.76, no resistance in area just above.
Type: True breakout from triple+ resistance.
Target: 36.62, 4.3% Stop: 34.44, Loss: 1.9%, Profit/Loss ratio: 2.2 : 1 - Good



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

 

BBBY breakout of a long top area

BREAKOUT CONFIRMED breakout above 78.78, no resistance in area just above.
Type: True breakout from triple+ resistance.
Target: 82.54, 4.1% Stop: 77.91, Loss: 1.7%, Profit/Loss ratio: 2.4 : 1 - Good



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

 

CPRX so close to breaking out into the resistance gap

BREAKOUT WATCH for possible breakout above 2.06, no resistance in area just above.
Type: True breakout from triple+ resistance.
Target: 2.5, 23.8% Stop: 1.85, Loss: 8.4%, Profit/Loss ratio: 2.8 : 1 - Good



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

 

CPRX rock and roll now a confirmed breakout

 

BODY nice little gap breakout

VOLUME 472.7k shares, +38.5% compared to typical daily volume over the past 6 months.
Typical daily volume is 341.4k shares over the past 6 months.

BREAKOUT CONFIRMED breakout above 4.11, no resistance in area just above.
Type: True breakout from double resistance.
Target: 4.77, 13.8% Stop: 3.95, Loss: 5.7%, Profit/Loss ratio: 2.4 : 1 - Good



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

 

SNV sliding higher, new high breakout

BREAKOUT CONFIRMED breakout above 3.55, no resistance in area just above.
Type: True breakout from double resistance.
Target: 3.76, 5.3% Stop: 3.5, Loss: 2%, Profit/Loss ratio: 2.7 : 1 - Good



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

 

JIVE bottom breakout watch

BREAKOUT WATCH for possible breakout above 11.24, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 12.14, 8.9% Stop: 10.91, Loss: 2.2%, Profit/Loss ratio: 4 : 1 - Excellent



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

 

MPAA keeps on moving higher, good volume

VOLUME 189.1k shares, +37.4% compared to typical volume of 137.6k by 3:40 pm ET (15-20 min delayed).
Typical daily volume is 160k 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: 21.17, 10% Stop: 18.46, Loss: 4.1%, Profit/Loss ratio: 2.4 : 1 - Good



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

 

ONVO coming back up to a breakout area above 10.29

BREAKOUT WATCH for possible breakout above 10.29, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 12.26, 25% Stop: 8.99, Loss: 8.4%, Profit/Loss ratio: 3 : 1 - Good



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

 

BRCM trying to fill that gap with the latest breakout

BREAKOUT CONFIRMED breakout above 29.59, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 31.17, 5.1% Stop: 29.17, Loss: 1.6%, Profit/Loss ratio: 3.2 : 1 - Excellent



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