IPG confirmed breakout

Discussion in 'Stocks' started by Stocks4life, Feb 12, 2013.

  1. confirmed breakout from flat top

    BREAKOUT CONFIRMED breakout above 12.28, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 12.95, 4.5% Stop: 12.16, Loss: 1.9%, Profit/Loss ratio: 2.4 : 1 - Good

    CURRENT PRICE 12.39, just above resistance, 12.14 ± 0.13, type double, strength 2

    RESISTANCE ABOVE None.

    Stock chart

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=IPG