EBAY confirmed continuation breakout

Discussion in 'Stocks' started by Stocks4life, Jan 24, 2013.

  1. took a few days rest now confirmed continuation breakout

    BREAKOUT CONFIRMED breakout above 54.83, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 57.95, 5.4% Stop: 53.72, Loss: 2.3%, Profit/Loss ratio: 2.4 : 1 - Good

    CURRENT PRICE 54.97, just above resistance, 54.13 ± 0.7, type single, strength 8

    RESISTANCE ABOVE None.

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=EBAY
     
  2. good follow though on the continuation breakout today