GMCR confirmed breakout

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

  1. nice consolidation over the past month with some recent volume and a confirmed breakout last Friday above 48.53, may just keep on moving higher if the volume continues to trend higher also, imho...

    CURRENT PRICE 48.91, just above resistance, 46.6 ± 1.91, type triple, strength 9

    RESISTANCE ABOVE None.

    SUPPORT BELOW -4.7% at 46.6 ± 1.91, type triple, strength 9
    -15.9% at 41.12 ± 1.69, type triple, strength 5
    -21.6% at 38.34 ± 1.57, type single, strength 5

    BREAKOUT CONFIRMED breakout above 48.53, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 58.1, 18.8% Stop: 45.63, Loss: 6.7%, Profit/Loss ratio: 2.8 : 1 - Good

    Stock chart:

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GMCR
     
  2. Thanks for posting. Will monitor how it reacts to 49.50, etc.

    Never heard of the website either. Will check it out for screening.
     
  3. Thanks found another confirmed breakout today for SNTS which had some good volume into the close

    CURRENT PRICE 13.72, just above resistance, 13.3 ± 0.27, type triple, strength 10

    RESISTANCE ABOVE None.

    SUPPORT BELOW -3.1% at 13.3 ± 0.27, type triple, strength 10
    -6% at 12.89 ± 0.26, type single, strength 3
    -16.7% at 11.43 ± 0.23, type double, strength 10

    BREAKOUT CONFIRMED breakout above 13.57, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 14.9, 8.6% Stop: 13.25, Loss: 3.4%, Profit/Loss ratio: 2.5 : 1 - Good

    Stock chart

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SNTS
     
  4. Did you enter GMCR?
     
  5. Much better.
     
  6. i think its gonna go straight down from here
     
  7. snts or gmcr?
     
  8. gmcr looks to continue higher today, anyone think 60?
     
  9. GMCR still grinding higher 58-60?
     
    #10     Mar 12, 2013