DLTR confirmed breakout

Discussion in 'Stocks' started by Stocks4life, May 15, 2013.

  1. making an intraday run for breakout

    BREAKOUT CONFIRMED breakout above 49.91, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 52.79, 5.5% Stop: 49.07, Loss: 2%, Profit/Loss ratio: 2.7 : 1 - Good

    CURRENT PRICE 50.05, just above resistance, 49.27 ± 0.64, type single, strength 1
    RESISTANCE ABOVE None.


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    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=DLTR
     
  2. couple months later and DLTR looks ready to move again, after two month long price consolidation, watch for breakout above 54.86

    BREAKOUT WATCH for possible breakout above 54.86, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 57.8, 5.5% Stop: 53.74, Loss: 2%, Profit/Loss ratio: 2.7 : 1 - Good


    [​IMG]

    source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=DLTR"><u>DLTR at StockConsultant</u></a>
     
  3. excellent follow through