CMG breakout watch

Discussion in 'Stocks' started by Stocks4life, May 3, 2013.

  1. week of price consolidation now starting to edge higher

    BREAKOUT WATCH for possible breakout above 368.56, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 392.6, 7% Stop: 359.88, Loss: 1.9%, Profit/Loss ratio: 3.7 : 1 - Excellent

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CMG
     
  2. nice follow through today