FRAN breakout/gapper

Discussion in 'Stocks' started by Stocks4life, Nov 18, 2013.

  1. Watch for a breakout above 20.14 into the large price gap

    BREAKOUT WATCH for possible breakout above 20.14, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 22.29, 12.1% Stop: 19.09, Loss: 4%, Profit/Loss ratio: 3 : 1 - Good

    CURRENT PRICE 19.88, at resistance, 19.66 ± 0.47, type double, strength 6

    RESISTANCE ABOVE +19.9% at 23.83 ± 0.57, type double, strength 4
    +27.1% at 25.27 ± 0.61, type double, strength 10

    [​IMG]

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